These are traditional paper-machie doll-pair of King and Queen. doll has been immortalised in the famous song 'Aadisi nodu beelisi nodu, uruli hogadu...' filmed on Dr. Rajkumar from the movie Kasturi Nivasa (1971).
The song was written by Chi. Udayashankar, sung by P.B. Sreenivas and music by G.K. Venkatesh. You can see this song here.
These are called as Daruma dolls and my design of Mysore couple has been made into wooden Daruma dolls at Channapatna. You can read about it here.