Fiscal policy is the policy of:

Correct option is A

The correct answer is option (a) The Government. 

Key Points:-

• Fiscal Policy is primarily concerned with the government's decisions regarding taxation and spending to influence the economy.
• It is implemented by the government to manage economic activity, control inflation, and promote employment.

Information Booster:-

• RBI: The Reserve Bank of India (RBI) plays a crucial role in monetary policy, fiscal policy is specifically the domain of the government.
• NABARD: The National Bank for Agriculture and Rural Development (NABARD) primarily focuses on financing and developing rural infrastructure and does not directly formulate fiscal policy.
• Both the Government and RBI: Incorrect: Fiscal policy is exclusively managed by the government; RBI handles monetary policy.​