The Attempt at a Solution
The current in the inner loop should flow in anticlockwise direction so as to resist the increase in flux of the external magnetic field .
But how do I deal with the outer loop since there is smaller loop inside it ?
I think current should flow in anticlockwise direction in the outer loop as well .
But none of the options have current flowing in same direction in both inner and outer loops . Also , how do I determine the magnitude of the two currents ?