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The correct answer is option 3, Baji Raol. Baji Rao, also known as Baji Raol, was the Peshwa (prime minister) of the Maratha Empire from 1720 to 1740. He played a crucial role in expanding and consolidating the Maratha Kingdom. Baji Rao was known for his military prowess and strategic skills. He led several successful military campaigns against the Mughals and other regional powers, extending Maratha control over a large part of India. Baji Rao`s achievements and his efforts to strengthen the administrative and economic systems of the Maratha Kingdom earned him the title of the `Second founder of the Maratha Kingdom` because he revitalized and established the empire as a dominant force in India after its initial establishment by Shivaji Maharaj.