Is Ravana still alive? Yes very much. Ravana is still alive this is the reason why there is so much of pain, anger and troubles on earth. Lack of peace is the result of Ravan among human beings. Stories in Hinduism are symbolic. They are universal.
Ravana symbolically represents
When Rama’s arrows peeled off the negative qualities, Ravana attained moksha.
Similarly, modern man is afflicted by lot of negativities. We have to peel them off through the devotion of Lord Rama.