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The question is about matching educational institutions established during British rule in India with their correct founders.
Option 1 pairs Sanskrit College with William Jones. However, this is not correct. Sanskrit College, Banaras was established by Jonathan Duncan, not William Jones.
Option 2 pairs Calcutta Madras with Warren Hastings, which is correct. The Calcutta Madrasa was indeed founded by Warren Hastings in the year 1781.
Option 3 pairs Fort William College with Arthur Wellesley. This is not correct. Although Arthur Wellesley was involved in administration during the period, the Fort William College was established by Lord Richard Wellesley, not Arthur Wellesley.
So, the correct answer would be Option-2, i.e., only the second pair is correct.