The Fiscal policy achieves the macroeconomic goals by using which of the following instruments?

Correct option is A

The correct answer is (a) Taxes.
Fiscal policy achieves macroeconomic goals primarily through two instruments:
1. Taxes - This includes adjustments to tax rates, tax credits, and deductions that influence the behavior of individuals and businesses, impacting overall economic activity.
2. Government Spending - This involves expenditures on goods and services, infrastructure, and transfer payments, which can directly stimulate or slow down the economy.
The other options listed, such as SLR (Statutory Liquidity Ratio), CRR (Cash Reserve Ratio), and Bank Rate, are instruments of monetary policy used by a central bank to regulate the money supply and interest rates in the economy. Therefore, the correct answer that is an instrument of fiscal policy is (a) Taxes