Step 1: Reading the Question:
Two Rajput rulers are named and we must connect them to a school of painting.
Step 2: Method:
Match each ruler to his capital. If we know where they ruled, we know the school. Both names belong to the ruling family of Bundi in Hadoti.
Step 3: Going through the choices:
Choice 1: Mewar rulers were Ranas of Udaipur, not these two, so no.
Choice 2: Jaipur rulers were Kachwaha Maharajas, not these two, so no.
Choice 3: Bundi is where these two ruled, so the school is Bundi. Yes.
Choice 4: Bikaner rulers were Rathors with different names, so no.
Step 4: Conclusion:
The ruler names point to Bundi.
\[ \boxed{\text{Option 3: Bundi}} \]