True education when imparted to dynamic human resource leads the nation towards attaining greatness. True education implies to a state when economic prosperity is gained through value based social system and baton of glorious cultural heritage is passed to younger generation with honour and confidence. This dream can not be cherished in absence of professionally qualified and competent teachers. Expectations from teachers are high. In view of this, pressing need of the hour is to acknowledge and develop such competencies in teachers which help them in achieving this endeavour. What standards should be displayed by practitioners of this job? To probe this, many researchers have studied various aspects of teaching as a profession and as a process. Objective of this paper is to review opinions/findings expressed by educationists and researchers and make a list of competencies considered salient for this committed profession.