Q.Consider the following statements regarding the Fiscal Responsibility and Budget Management (FRBM) Review Committee (N.K. Singh Committee): (a) It recommended a combined debt-to-GDP ratio of 60% for the centre and states, comprising 40% for the Centre and 20% for the States. (b) The committee proposed the establishment of an autonomous Fiscal Council to provide independent assessments of the government's fiscal performance. (c) It recommended the complete elimination of the 'Escape Clause', enforcing rigid fiscal targets even during national calamities or wars. Which of the statements given above are correct?