Hi vaibhavipadma,
Raising a Verbal Scaled Score from V27 to the V40+ range will take some serious time and effort. Five weeks may not be enough time to accomplish that goal.
Pacing issues don't exist on their own - they're the results of OTHER issues. It's likely that the approaches that you're using to answer Verbal questions are not the most efficient methods. Also, if you're not taking notes (and doing work in your head, etc.), then that is also likely impacting your speed AND your accuracy. This is meant to say that you'd probably benefit a great deal by learning/practicing some new Tactics and adjusting how you 'see' (and respond to) the Verbal section overall.
1) What is your goal score?
2) Do you have the flexibility to push back your Test Date?
3) When are you planning to apply to Business School?
GMAT assassins aren't born, they're made,
Rich