How can I prepare to smartly target the CAT or the IIM Indore exam?

The PG programs in IIM Indore usually consider admissions through the CAT exam. However, in case you are referring to the IPM AT for the 5-year integrated program, then it cannot be compared to CAT, since they are completely different from each other. IPM AT is for UG students while CAT is for PG courses.

Having said that, the basic preparation steps for any entrance exam need basic steps of preparation.

• You should be aware of the exams, as well as the pattern, the syllabus, and others. For similar purposes, you can take a look at the sample papers of previous years, or several mock test papers, if required.
• You must assess your own level of aptitude, whenever necessary, and prepare thoroughly.
• You should work to strengthen your fundamental knowledge.
• Evaluate your base by taking the mock test papers and analyze each answer when done. Further, prepare a strategy that can incentivize your scores in the exam. 

These are the basic steps to look forward to when preparing for the exam.