Explanation:

- Malik Ambar is widely regarded as the founder of Aurangabad city. He was a prominent 17th-century minister in the Deccan region. Under his governance, he established a small town that later developed into Aurangabad.

- Option 1: Nizam Shah – He was part of the Ahmednagar Sultanate, but he is not credited with founding Aurangabad.

- Option 2: Qutub Shah – A ruler of the Golconda Sultanate, but he was not connected with the founding of Aurangabad.

- Option 3: Bahlaul Lodi – Founder of the Lodi dynasty, but he had no role in Aurangabad’s establishment.

Given the context, Malik Ambar is the correct answer.