Explanation:

All except 3rd is correct.

• Time liabilities refer to the liabilities which the commercial banks are liable to repay to the customers after an agreed period, and demand liabilities are customer deposits which are repayable on demand. Therefore, Fixed Deposits cannot be counted as Demand liabilities of Indian banks because in a Fixed Deposit, you put a lump sum in your bank for a fixed tenure at an agreed rate of interest. 

• Demand Liabilities of a bank are liabilities which are payable on demand. 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.

• Note: A Fixed Deposit becomes overdue only if you don't withdraw or renew it on time. 

Hence option 4th is correct.