Understanding Demand and Time liabilities

Sl. No.	Demand liabilities	Time liabilities
1	Demand Liabilities of a bank are liabilities which are payable on demand	Time Liabilities of a bank are those which are payable otherwise than on demand
2	These include Current deposits,  Demand liabilities portion of savings bank deposits, Margins held against letters of credit/guarantees,  Balances in overdue fixed deposits,  Cash certificates and cumulative/recurring deposits,  Outstanding Telegraphic Transfers (TTs),  Mail Transfers (MTs),   Demand Drafts (DDs),  Unclaimed deposits,  Credit balances in the Cash Credit account and  Deposits held as security for advances which are payable on demand.   Money at Call and Short Notice from outside the Banking System should be shown against liability to others.	These include  fixed deposits,  cash certificates,   cumulative and recurring deposits,   time liabilities portion of savings bank deposits,   staff security deposits,   margin held against letters of credit, if not payable on demand,   deposits held as securities for advances which are not payable on demand and Gold deposits.

*The average of the minimum balances maintained in each of the month during the half year period shall be treated by the bank as the amount representing the "time liability” portion of the savings bank deposits.

Prudential norms for Income recognition and asset classification

In line with the international practices and as per the recommendations made by the Committee on the Financial System (Chairman Shri M. Narasimham), the Reserve Bank of India has introduced, in a phased manner, prudential norms for income recognition, asset classification and provisioning for the advances portfolio of the banks so as to move towards greater consistency and transparency in the published accounts.

Computation of Non-performing assets levels

Banks should deduct the following items from the Gross Advances and Gross NPAs to arrive at the Net advances and Net NPAs respectively:

• Balance in Interest Suspense Account
• DICGC/ECGC claims received and held, pending adjustment
• Part payment received and kept in suspense account
• Total provisions held (excluding amount of technical write off and provision on standard assets) 

Categories of Non-performing assets

Banks are required to classify nonperforming assets into the following three categories based on the period for which the asset has remained nonperforming and the reliability of the dues:

1. Substandard Assets
2. Doubtful Assets
3. Loss Assets

Recruitment for the post of Teacher

The recruitment will be conduct for the subjects Assamese, Hindi, English, Maths, Science, Music, Dance and Sports. 

Required qualification and quality
1) Candidates need to be fluent in English
2) Must completed Monytessori or TTC, or B.Ed or have passed TET