Ofvourse it is CAT, Its conducted and prepared by IIM which is the top managment school in our country.Apart from it most of the managment institutions will accept CAT.
However,If you are planning to study abroad GMAT is essential. GMAT is also widely accepted throughout the country but when its compared to CAT . CAT is importrant.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile