Both statements given in the question are correct, hence option 3 is the right answer.

Statement 1 refers to the influences on two significant schools of Indian art. The Malwa school of painting, known for vibrant colors and simplistic designs, was indeed influenced by the Shirazi school from Persia, particularly noted in the depiction of human figures and flora-fauna. The Early Mughal paintings were heavily inspired by the Bihzad school from Iran, which was known for its sophisticated and elegant style.

Statement 2 mentions two artists, Sayyid Ali and Abdus Samad. Both these artists were exponents of the Bihzad school and proved influential in developing the aesthetics of the Mughal School of painting in India. Their works are known for attention to detail, vivid colors and innovative use of space in the composition. Hence this statement is also correct.

Therefore, both statements 1 and 2 accurately reflect the developmental history of Indian painting styles and their foreign influences.