Step 1: Relate terminal velocity to radius.
For a small spherical object falling through a viscous medium (like air), the terminal velocity ($v_t$) is given by Stokes' Law (assuming density of fluid is negligible compared to density of object):
\[ v_t = \frac{2 r^2 g (\rho - \sigma)}{9 \eta} \]
Where $r$ is the radius, $g$ is acceleration due to gravity, $\rho$ is the density of the raindrop, $\sigma$ is the density of air, and $\eta$ is the viscosity of air.
Since $g$, $\rho$, $\sigma$, and $\eta$ are constants for this scenario:
\[ v_t \propto r^2 \]
So, for the two raindrops:
\[ \frac{v_1}{v_2} = \frac{r_1^2}{r_2^2} \quad \cdots (1) \]
Step 2: Relate linear momentum to mass and velocity.
Linear momentum ($p$) is given by $p = mv$.
The mass ($m$) of a spherical raindrop is $m = \frac{4}{3}\pi r^3 \rho$.
Therefore, the momentum of a raindrop is:
\[ p \propto r^3 v \]
For the two raindrops:
\[ \frac{p_1}{p_2} = \frac{r_1^3 v_1}{r_2^3 v_2} \quad \cdots (2) \]
Step 3: Substitute the velocity ratio into the momentum ratio.
We are given $p_1 = p$ and $p_2 = 32p$.
Substitute $\frac{v_1}{v_2} = \frac{r_1^2}{r_2^2}$ from (1) into (2):
\[ \frac{p}{32p} = \frac{r_1^3}{r_2^3} \times \frac{r_1^2}{r_2^2} \]
\[ \frac{1}{32} = \frac{r_1^{3+2}}{r_2^{3+2}} = \frac{r_1^5}{r_2^5} \]
\[ \frac{1}{32} = \left(\frac{r_1}{r_2}\right)^5 \]
Step 4: Solve for the ratio of radii.
To find $\frac{r_1}{r_2}$, take the fifth root of both sides:
\[ \frac{r_1}{r_2} = \left(\frac{1}{32}\right)^{1/5} = \frac{1^{1/5}}{32^{1/5}} = \frac{1}{2} \]
So, $r_1 : r_2 = 1 : 2$.
The final answer is $\boxed{\text{1 : 2}}$.