begin{table}[h!]
caption{MRMC Requested Benchmarking Tests}
label{BT2}
resizebox{textwidth}{!}{%
begin{tabular}{*{14}{|c}|}%{|l|l|l|l|l|}hline

multicolumn{1}{|c|}{textbf{S No.}} & multicolumn{1}{c|}{textbf{Test Description}}                      & multicolumn{1}{c|}{textbf{High Level Steps}}                                                                                                                   & multicolumn{1}{c|}{textbf{Expected Output}}                                                                                                   & multicolumn{1}{c|}{textbf{PQA Status}}                                                                                                              \ hline
1                                    & Comparison of complete IHC portfolio aggregated TCM with 10-Day VaR & a)Take the available complete IHC portfolio.b)Obtain the same COB production 10 Day VaRc)Ensure trade population and notional match betweenTCM data and VaR data & 10 Day VaR should be lower and account for the gap risk in CVA Closeout                                                                         & This test was deemed unfit as variance between VaR and CVA Closeout can be because of various reasons like difference in choice of risk factors, etc. \ hline
2                                    & Same trade Stressed CVA vs CVA Closeout                             & a)Choose a swap with one year maturity. b)Apply both methodologies on the swap. c)Plot the exposure profile on a graph                                           & For Swap the profile should be forward declining slope and in case of CVA closeout there should be a spike post the 1 year mark.                & The same result can be implied from already run test cases.                                                                                           \ hline
3                                    & Same trade Stressed CVA vs CVA Closeout                             & a)Choose an option with one year maturity. b)Apply both methodologies on the swap. c)Plot the exposure profile on a graph                                        & For option it should be a straight line for both Stressed CVA and CVA Closeout. Just that for CVA closeout there should be a spike post expiry. & The same result can be implied from already run test cases.                                                                                           \ hline
4                                    & Swap with IM and without IM                                         & a)Take one year swap and run it with IM.b)Take the same swap and run it without IM. Note: Please use CVA closeout model in both cases.                           & With IM graph should start higher, converging into without IM towards expiry.                                                                   & The same result can be implied from already run test cases.                                                                                           \ hline
end{tabular}%
}
end{table}