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RBI removes Paytm Payments Bank from list of scheduled banks after licence cancellation

The Reserve Bank of India (RBI) has removed Paytm Payments Bank Ltd (PPBL) from the list of scheduled banks following the cancellation of its banking licence. The RBI said PPBL has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934.

Source: All India Radio News (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.

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Revision structure

Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path

How to study

Turn news into exam marks

Revise monthly events by exam family instead of reading random updates.

Pair one-liners with mock tests so mistakes become the next revision list.

Note which exams each story matters for, and revise it again in the week before that exam.