Hello,
Thanks a lot for the responses. Appreciate it.

Rich: Please find my answers inline.
1) What is your goal score?
I am targeting 730(Q 45, V 45)
2) When you took these CATs, did you take the ENTIRE CAT (including the Essay and IR sections)?
Not really. I had taken only Quant & Verbal in my mock CATS.
3) What GMAT resources have you used during your studies?
I am referring to Princeton resources and OG Guide.
4) When are you planning to apply to Business School?
I am targeting 2016 Fall Admissions and looking forward to apply by Oct/Nov.
I am able to spend 2+ hours a day & 4+ hours in the weekend for studies. So at the moment, am eagerly hoping I get some advice/suggestions for a concrete plan for the next one month, so that I could see some positive results in my CATs.
GMATPill: From my past two CATS, I realized that my weak areas are DS and PS in: (Majorly DS)
Algebra - Functions,Inequalities
Arithmetic - Descriptive Statistics,Ratio and Proportion,Power and Roots of Numbers,Probability,Real Numbers
Geometry - Lines,Quad,Rectangular Solids and Cylinders and Rates.
Also, I took a heap lot of time in Quant which resulted in losing out on time for the last 10 questions.

So I guess Conceptual Knowledge, Practise & Time Management needs to be revamped. But whats the most efficient way to do that?
hmm...Noted your points. Will implement that.
In Verbal am getting most of the errors in SC - Tense,Idioms,Pronoun Errors,Parallel Constr and CR - Assumption, Strengthen & Weaken.
Thanks.