There are two basic types of spectra .1.continous spectrum
2.discrete spectrum.continous spectrum is produced mainly hot dense objects like planets,stars,moon.these continuous spectra from these kind of objects is called thermal spectrum because hot dense objects will emit electromagnetic radiation at all wavelengths.
Discrete spectrum is produced by cooler thin gas in the upper layers of stars absorbing certain colours produced by hot dense lower layers.
So option 1 is correct
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