Concept:
For hydrogen-like species,
\[\begin{aligned}
\frac{1}{\lambda}
=
RZ^2
\left(
\frac{1}{n_1^2}
-
\frac{1}{n_2^2}
\right)
\end{aligned}\]
For the first line of the Lyman series,
\[\begin{aligned}
n_1=1,\qquad n_2=2
\end{aligned}\]
Hence,
\[\begin{aligned}
\frac{1}{\lambda}
\propto Z^2
\end{aligned}\]
Therefore,
\[\begin{aligned}
\lambda \propto \frac{1}{Z^2}
\end{aligned}\]
Step 1: Determine the atomic numbers.
\[
\begin{aligned}
Li^{2+} &:\quad Z=3 \\
{}^{2}_{1}H\;(\text{Deuterium}) &:\quad Z=1
\end{aligned}
\]
Step 2: Use the proportionality relation.
\[\begin{aligned}
\lambda_{Li^{2+}}
:
\lambda_D
=
\frac{1}{3^2}
:
\frac{1}{1^2}
\end{aligned}\]
\[\begin{aligned}
=
\frac{1}{9}
:
1
\end{aligned}\]
Step 3: Obtain the ratio.
\[\begin{aligned}
\boxed{
\lambda_{Li^{2+}}
:
\lambda_D
=
1:9
}
\end{aligned}\]
Hence, option \(\mathbf{(B)}\) is correct.