Tanmay,
This exam is just multi-choice and mulit-select - no sims or simlets. I did this exam over a year ago, but I don't believe it's changed since.
As for study material, I'd recommend this book:
http://www.ciscopress.com/bookstore/product.asp?isbn=1587141949
I assisted with reviewing the material for this book - so can tell you first hand, it's likely your best study guide.
I'd also spend some time on the following blogs/websites:
http://jeremywaldrop.wordpress.com/category/cisco-ucs/
http://bradhedlund.com/2010/06/22/cisco-ucs-networking-best-practices/
http://www.mseanmcgee.com/
Big Kudos to Jeremy, Brad & Sean. They've assembled some outstanding UCS information & videos.
If you have any questions as you're studying, feel free to post your questions here, and we'd be more than happy to assist you.
Regards,
Robert
