PRISONER in the MUGHAL camps of Malwa for almost eighteen years before his release in 1708. Even THOUGH Shahu did ascend the throne in 1708, from 1713 onwards, it was the Peshwa, Balaji Vishwanath who came to hold the reins of power.Till 1761, when the Marathas were defeated at the hands of the Afghan marauder, Ahmad Shah Abdali, in the Third Battle of Panipat, Peshwas exercised power on the CHATTRAPATI’s behalf. The Chhatrapatis who followed Shahu were reduced to being nominal heads and retired to Satara.The Peshwas held FORT at Pune which came to be the real center of power. So, option 4 is correct.The Peshwas were assisted in their military endeavors by various Maratha chiefs — Holkar, Scindia (Shinde), Gaekwad, and Bhonsle — who led roving bands of soldiers that aided the Peshwa army.