The most common tool. Simply right-click Taki.rar and select "Extract Here" or "Extract to Taki".
If you are looking to create a RAR file, the process is straightforward with WinRAR: Choose the files or folders you want to compress. Add to Archive: Right-click and choose "Add to archive...".
Tools like CloudConvert or XConvert allow you to convert or extract RAR files without installing software. How to Create Your Own RAR Files
Other tools like The Unarchiver or 7-Zip can also be used to extract these files.
You can set a password for added security. RAR vs. ZIP: Why Use RAR?
Since RAR is a proprietary format, you need dedicated software to interact with it.