A uniform magnetic field B exists in a direction perpendicular to the plane of a square loop made of a metal wire. The wire has a diameter of $4 \mathrm{mm}$ and a total length of $30 \mathrm{cm}.$ The magnetic field changes with time at a steady rate $\mathrm{dB}/\mathrm{dt}=0.032{\mathrm{Ts}}^{-1}.$ The induced current in the $loop$is close to (Resistivity of the metal wire is $1.23\times {10}^{-8} \mathrm{\Omega m}$ )

• A

  0.43 A
• Correct answer
  B

  0.61 A
• C

  0.34 A
• D

  0.53 A

Hence, the correct answer is option: 'B'.