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Maharashtra Industrial Development Corporation Wiki2Web Clarity Challenge

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Study Guide: Maharashtra Industrial Development Corporation (MIDC): Infrastructure and Development

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Maharashtra Industrial Development Corporation (MIDC): Infrastructure and Development Study Guide

Establishment and Governance

The Maharashtra Industrial Development Corporation (MIDC) was officially established on August 1, 1972.

Answer: False

Explanation: The Maharashtra Industrial Development Corporation (MIDC) was officially established on August 1, 1962, not August 1, 1972. This foundational date is critical to understanding its historical trajectory.

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Vipin Sharma currently holds the position of Chief Executive Officer (CEO) of the Maharashtra Industrial Development Corporation (MIDC).

Answer: True

Explanation: Vipin Sharma, an Indian Administrative Service (IAS) officer, currently serves as the Chief Executive Officer (CEO) of MIDC, overseeing its strategic operations.

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MIDC operates under the authority of the Government of Gujarat.

Answer: False

Explanation: The Maharashtra Industrial Development Corporation (MIDC) functions under the jurisdiction and authority of the Government of Maharashtra, not Gujarat.

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The headquarters of MIDC is located in Pune.

Answer: False

Explanation: The headquarters of the Maharashtra Industrial Development Corporation (MIDC) is situated in Andheri East, Mumbai, Maharashtra, at the Udyog Sarathi building.

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The Board of Industrial Development (BID) was the agency that preceded MIDC.

Answer: True

Explanation: Prior to the formal establishment of MIDC, the Board of Industrial Development (BID) served as the precursor agency tasked with addressing industrial development initiatives in Maharashtra.

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Uday Samant is the current Minister for Industries in Maharashtra, overseeing MIDC.

Answer: True

Explanation: Uday Samant currently holds the portfolio of Minister for Industries in the Government of Maharashtra, thereby overseeing the activities and strategic direction of MIDC.

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The Borkar Committee recommended that the development of the Ulhas Valley Water Supply be handled by MIDC.

Answer: True

Explanation: The Borkar Committee's recommendations included entrusting the development of the Ulhas Valley Water Supply to the Board of Industrial Development (BID), which was subsequently implemented.

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MIDC was established through an executive order without legislative approval.

Answer: False

Explanation: The establishment of MIDC was formalized through legislative action, specifically the 'Maharashtra Industrial Development Act,' passed by the state legislature, rather than a mere executive order.

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Yashwantrao Balwantrao Chavan was the Chief Minister of Maharashtra when MIDC was inaugurated.

Answer: True

Explanation: Yashwantrao Balwantrao Chavan served as the Chief Minister of Maharashtra during the period when MIDC was inaugurated, marking a significant milestone in the state's industrialization efforts.

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When was the Maharashtra Industrial Development Corporation (MIDC) officially established?

Answer: August 1, 1962

Explanation: The Maharashtra Industrial Development Corporation (MIDC) was officially established on August 1, 1962, marking a significant step in the state's industrial development strategy.

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Who currently holds the position of Chief Executive Officer (CEO) at MIDC?

Answer: Vipin Sharma

Explanation: Vipin Sharma currently serves as the Chief Executive Officer (CEO) of MIDC, holding the rank of Indian Administrative Service (IAS).

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Under which government's jurisdiction does MIDC operate?

Answer: Government of Maharashtra

Explanation: The Maharashtra Industrial Development Corporation (MIDC) operates under the administrative and legislative purview of the Government of Maharashtra.

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Where is the headquarters of the Maharashtra Industrial Development Corporation (MIDC) located?

Answer: Andheri East, Mumbai, Maharashtra

Explanation: The central administrative offices, or headquarters, of the Maharashtra Industrial Development Corporation (MIDC) are located in Andheri East, Mumbai, Maharashtra.

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Which agency preceded the formation of MIDC?

Answer: Board of Industrial Development (BID)

Explanation: The Board of Industrial Development (BID) was the governmental body established prior to MIDC, responsible for laying the groundwork for industrial expansion in Maharashtra.

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Who was the Chief Minister of Maharashtra at the time of MIDC's inauguration ceremony?

Answer: Yashwantrao Balwantrao Chavan

Explanation: Yashwantrao Balwantrao Chavan was the Chief Minister of Maharashtra during the inauguration ceremony of MIDC, signifying his administration's commitment to industrial development.

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What legislative act formally established the Maharashtra Industrial Development Corporation (MIDC)?

Answer: The Maharashtra Industrial Development Act

Explanation: The formal establishment of the Maharashtra Industrial Development Corporation (MIDC) was enacted through the legislative framework provided by the 'Maharashtra Industrial Development Act'.

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Infrastructure and Land Development

The primary function of MIDC is to regulate environmental standards within industrial zones.

Answer: False

Explanation: MIDC's principal mandate is to foster industrial growth by developing essential infrastructure, rather than primarily regulating environmental standards, which is typically handled by environmental protection agencies.

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MIDC's water supply initiatives primarily benefited only the industries located within its zones.

Answer: False

Explanation: MIDC's water supply initiatives extended beyond industrial zones, contributing to the urban growth of adjacent towns and villages by providing essential water resources.

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The urban complexes of Kalyan and Pimpri-Chinchwad experienced growth due to MIDC's water supply policies.

Answer: True

Explanation: The urban complexes of Kalyan and Pimpri-Chinchwad are cited as prime examples of significant growth directly attributable to MIDC's strategic water supply policies, which facilitated development in these regions.

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MIDC has demarcated over 60,000 plots for entrepreneurs.

Answer: False

Explanation: MIDC has demarcated approximately 57,650 plots for entrepreneurs, a figure slightly below the 60,000 mark.

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MIDC's water supply scheme has a total capacity exceeding 2500 Million Liters per Day (MLD).

Answer: False

Explanation: The total capacity of MIDC's water supply scheme is 2240.83 Million Liters per Day (MLD), which does not exceed 2500 MLD.

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The road network constructed by MIDC spans over 3,000 kilometers.

Answer: False

Explanation: The road network constructed by MIDC spans approximately 2,422.82 kilometers, falling short of the 3,000-kilometer mark.

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MIDC's total development expenditure on infrastructure is less than ₹3,000 crores.

Answer: False

Explanation: MIDC's total development expenditure on infrastructure amounts to approximately ₹3,096.75 crores, which exceeds ₹3,000 crores.

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MIDC has constructed approximately 2,422.82 kilometers of road network.

Answer: True

Explanation: MIDC has developed an extensive road network spanning approximately 2,422.82 kilometers, ensuring efficient connectivity within its industrial areas.

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The total daily water supply provided by MIDC's infrastructure is 1,285 Million Liters per Day (MLD).

Answer: True

Explanation: MIDC's comprehensive water supply infrastructure is designed to provide a total of 1,285 Million Liters per Day (MLD) to serve its industrial clients.

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MIDC has demarcated 57,650 plots and allotted 48,701 plots to entrepreneurs.

Answer: True

Explanation: MIDC has successfully demarcated 57,650 plots and allocated 48,701 of these plots to entrepreneurs, facilitating business establishment.

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The total financial investment made by MIDC in infrastructure development is approximately ₹3,096.75 crores.

Answer: True

Explanation: MIDC has committed a substantial total development expenditure of approximately ₹3,096.75 crores towards the creation and enhancement of infrastructure.

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What is the primary function of the Maharashtra Industrial Development Corporation (MIDC)?

Answer: To provide essential infrastructure for industrial growth.

Explanation: The core mandate of MIDC is to facilitate industrial expansion by developing and providing essential infrastructure, including land, roads, water supply, and power, thereby fostering economic growth within Maharashtra.

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What was a pivotal early infrastructure policy prioritized by MIDC?

Answer: Developing a robust, independent water supply system.

Explanation: Recognizing its fundamental importance, MIDC prioritized the establishment of an independent, reliable, and potable water supply system as a crucial early infrastructure policy.

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Which of the following urban centers experienced notable growth partly due to MIDC's water supply policies?

Answer: Kalyan and Pimpri-Chinchwad

Explanation: The urban complexes of Kalyan and Pimpri-Chinchwad are notable examples of areas that experienced significant growth, partly facilitated by MIDC's strategic water supply initiatives.

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How many plots has MIDC demarcated for entrepreneurs?

Answer: Approximately 57,650

Explanation: MIDC has demarcated a total of 57,650 plots, providing a substantial land base for entrepreneurs seeking to establish industrial ventures.

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What is the total daily water supply capacity provided by MIDC's infrastructure?

Answer: 1,285 MLD

Explanation: MIDC's extensive water supply network is engineered to deliver a total capacity of 1,285 Million Liters per Day (MLD) to support industrial operations.

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What is the approximate length of the road network constructed by MIDC?

Answer: Approximately 2,422.82 kilometers

Explanation: MIDC has constructed an extensive road network measuring approximately 2,422.82 kilometers, ensuring robust connectivity within its industrial estates.

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The total land area occupied by MIDC's approximately 233 industrial areas is about:

Answer: 53,120 hectares

Explanation: The approximately 233 industrial areas developed by MIDC collectively cover a substantial land area of about 53,120 hectares.

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Industrial Zones and Specialized Parks

A key early policy of MIDC was focusing on developing specialized IT parks.

Answer: False

Explanation: While MIDC does develop specialized parks, a pivotal early policy prioritized the establishment of a robust, independent water supply system, recognizing its fundamental importance for industrial operations.

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MIDC develops specialized parks like Wine Parks and Textile Parks to meet distinct industry needs.

Answer: True

Explanation: MIDC actively develops specialized industrial parks, including Wine Parks and Textile Parks, to cater to the unique infrastructural and operational requirements of diverse industry sectors.

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Five-star industrial areas are designed to offer basic amenities for small-scale industries.

Answer: False

Explanation: Five-star industrial areas developed by MIDC are intended to provide facilities meeting international standards, primarily aimed at attracting multinational corporations, rather than focusing solely on basic amenities for small-scale industries.

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The objective of MIDC's Special Economic Zones (SEZs) is to increase bureaucratic hurdles for exporters.

Answer: False

Explanation: Conversely, the primary objective of MIDC's Special Economic Zones (SEZs) is to foster export growth by creating a business environment free from typical bureaucratic impediments for exporters.

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MIDC has developed specialized parks for sectors including steel production, automobile manufacturing, and floriculture.

Answer: True

Explanation: MIDC's strategy includes developing specialized parks tailored for various industries, such as steel production, automobile manufacturing, and floriculture, to meet specific sector needs.

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MIDC has developed specialized parks for gems and jewellery, textiles, and leather goods.

Answer: True

Explanation: MIDC's commitment to sector-specific development is evident in its creation of specialized parks for industries such as gems and jewellery, textiles, and leather goods.

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Which of the following is an example of a specialized industrial park developed by MIDC?

Answer: Textile Park

Explanation: MIDC has established specialized parks to cater to specific industry needs, with a Textile Park being one such example designed to support the textile manufacturing sector.

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What is the main objective behind MIDC's development of Special Economic Zones (SEZs)?

Answer: To create a business environment free from typical bureaucratic hurdles for exporters.

Explanation: MIDC's Special Economic Zones (SEZs) are strategically developed to foster export-oriented businesses by providing a streamlined regulatory environment, minimizing bureaucratic complexities for exporters.

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MIDC has developed specialized parks for which of the following sectors?

Answer: IT, Biotechnology, Wine, and Textiles

Explanation: MIDC's specialized park development strategy encompasses a diverse range of sectors, including Information Technology (IT), Biotechnology (BT), Wine production, and Textiles, among others.

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MIDC has developed 'five-star industrial areas' primarily to:

Answer: Attract multinational corporations with international standard facilities.

Explanation: The 'five-star industrial areas' are strategically developed by MIDC to offer world-class facilities, thereby attracting multinational corporations and enhancing the state's investment appeal.

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Operational Statistics and Performance

MIDC has developed over 500 industrial areas across Maharashtra.

Answer: False

Explanation: MIDC has developed approximately 233 industrial areas across Maharashtra, a figure substantially less than 500.

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Maharashtra leads all Indian states in the number of Special Economic Zone (SEZ) approvals.

Answer: True

Explanation: Maharashtra holds a leading position among Indian states concerning Special Economic Zone (SEZ) approvals, having secured a significant number of such designations.

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In the World Competitiveness Report 2006, Maharashtra was ranked 57th.

Answer: False

Explanation: According to the World Competitiveness Report 2006, Maharashtra was ranked 37th, positioning it favorably relative to several other nations.

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Currently, there are over 30,000 industries operating within MIDC areas.

Answer: False

Explanation: There are currently 28,918 industries operating and producing goods within MIDC areas, which is below the threshold of 30,000.

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MIDC generates an annual revenue of approximately ₹500 crores from its water supply services.

Answer: False

Explanation: MIDC generates an annual revenue of approximately ₹432.00 crores from its water supply services, rather than ₹500 crores.

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MIDC has developed approximately 233 industrial areas covering about 53,120 hectares.

Answer: True

Explanation: MIDC's development portfolio includes approximately 233 industrial areas, encompassing a total land area of about 53,120 hectares.

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Maharashtra ranks first among Indian states for Special Economic Zone (SEZ) approvals.

Answer: True

Explanation: Maharashtra holds the leading position among Indian states concerning the number of Special Economic Zone (SEZ) approvals granted.

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Approximately how many industrial areas has MIDC developed across Maharashtra?

Answer: Around 233

Explanation: MIDC has systematically developed approximately 233 distinct industrial areas throughout the state of Maharashtra.

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How does Maharashtra rank among Indian states in terms of Special Economic Zone (SEZ) approvals?

Answer: First (leading position)

Explanation: Maharashtra holds the distinction of being the leading state in India concerning the number of Special Economic Zone (SEZ) approvals.

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In the World Competitiveness Report 2006, what was Maharashtra's ranking?

Answer: 37th

Explanation: The World Competitiveness Report 2006 placed Maharashtra at the 37th position, indicating its competitive standing on a global scale.

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What is the current number of industries operating and producing goods within MIDC areas?

Answer: Approximately 28,918

Explanation: As of the latest data, there are 28,918 industries actively operating and engaged in production within the various MIDC areas across Maharashtra.

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Approximately how much annual revenue does MIDC generate from its water supply services?

Answer: ₹432.00 crores

Explanation: MIDC's water supply services contribute significantly to its revenue, generating approximately ₹432.00 crores annually.

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What does the source state about Maharashtra's position regarding SEZ approvals?

Answer: It holds the leading position among Indian states for SEZ approvals.

Explanation: The source explicitly states that Maharashtra occupies the leading position among all Indian states concerning the number of Special Economic Zone (SEZ) approvals.

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Geographical Distribution of MIDC Areas

Andheri MIDC and Mahape MIDC are located within the Pune region.

Answer: False

Explanation: Andheri MIDC and Mahape MIDC are situated within the Mumbai region, not the Pune region.

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Chakan MIDC and Hinjewadi MIDC are key industrial areas developed in the Pune region.

Answer: True

Explanation: Chakan MIDC and Hinjewadi MIDC are indeed prominent industrial areas that have been significantly developed within the Pune region.

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The Wagle Industrial Estate is situated in the Thane district.

Answer: True

Explanation: The Wagle Industrial Estate, a notable industrial hub, is located within the Thane district of Maharashtra.

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Waluj MIDC is located in the Nashik region.

Answer: False

Explanation: Waluj MIDC is situated in the Chatrapati Sambhaji Nagar region, not the Nashik region.

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Butibori MIDC is an industrial area developed in the Nagpur region.

Answer: True

Explanation: Butibori MIDC is recognized as a significant industrial area developed within the Nagpur region of Maharashtra.

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Which of the following MIDC industrial areas is located in the Mumbai region?

Answer: Marol MIDC

Explanation: Marol MIDC is one of the industrial areas developed by the corporation and is situated within the Mumbai region.

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Which of these MIDC industrial areas is situated in the Pune region?

Answer: Bhosari MIDC

Explanation: Bhosari MIDC is a significant industrial area developed by the corporation and is located within the Pune region.

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The TTC Industrial Area is mentioned as being developed by MIDC in which district?

Answer: Thane

Explanation: The TTC Industrial Area, a key development by MIDC, is situated within the Thane district.

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Which MIDC industrial area is located in the Chatrapati Sambhaji Nagar region?

Answer: Waluj MIDC

Explanation: Waluj MIDC is a prominent industrial area developed by the corporation and is located within the Chatrapati Sambhaji Nagar region.

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Associated Entities and Initiatives

The official website for MIDC is www.midcindia.gov.in.

Answer: False

Explanation: The official web address for the Maharashtra Industrial Development Corporation (MIDC) is www.midcindia.org, not www.midcindia.gov.in.

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The 'Make In Maharashtra' initiative is mentioned in the 'See also' section related to MIDC.

Answer: True

Explanation: The 'Make In Maharashtra' initiative is indeed referenced in the 'See also' section of the source material, indicating its relevance to MIDC's broader objectives.

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The navbox lists the Maharashtra State Road Transport Corporation (MSRTC) as a public sector undertaking.

Answer: True

Explanation: The navigation box (navbox) correctly categorizes the Maharashtra State Road Transport Corporation (MSRTC) as a public sector undertaking (PSU).

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The Maharashtra Housing and Area Development Authority (MHADA) is listed under the 'Autonomous Bodies' category in the navbox.

Answer: False

Explanation: The Maharashtra Housing and Area Development Authority (MHADA) is listed under the 'Boards' category in the navbox, not 'Autonomous Bodies'.

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The Virtual International Authority File (VIAF) is referenced as a national authority control database for MIDC.

Answer: False

Explanation: The Virtual International Authority File (VIAF) is an international authority control database. The Library of Congress Authorities is referenced as the national authority control database for MIDC.

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The Maharashtra State Road Transport Corporation (MSRTC) is listed in the navbox under which category?

Answer: Public Sector Undertakings (PSUs)

Explanation: The Maharashtra State Road Transport Corporation (MSRTC) is correctly classified as a Public Sector Undertaking (PSU) within the provided navigation box.

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Which of the following is identified as an autonomous body associated with Maharashtra in the navbox?

Answer: Maharashtra State Election Commission

Explanation: The Maharashtra State Election Commission is listed within the navigation box as an autonomous body associated with the state government.

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