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The Ryotwari settlement was introduced in India during the British rule as a method for collecting revenues.
Option 1 lists Lord Cornwallis, who implemented the Permanent Settlement or Zamindari system in Bengal, Bihar, and Odisha, which is different from the Ryotwari system. Hence, he was not associated with the introduction of the Ryotwari settlement.
Option 3 and option 2 and 3 includes Alexander Read and Thomas Munro. Both Read and Munro were instrumental in the implementation of the Ryotwari system, first tested and implemented in parts of Northern Madras by Alexander Reed in 1792, and later by Thomas Munro in 1820.
Option 4 includes all three names, but as it includes Lord Cornwallis, it is incorrect.
In light of the above, option 3, which proposes Alexander Read and Thomas Munro, is indeed the correct answer.