$A$ rectangular loop $PQMN$ with a movable arm $PQ$ of length $12 \, cm$ and resistance $2 \, \Omega$ is placed in a uniform magnetic field of $0.1 \, T$ acting perpendicular to the plane of the loop as shown in the figure. The resistance of the arms $MN$, $NP$, and $MQ$ are negligible. The current induced in the loop when arm $PQ$ is moved with a velocity of $20 \, ms^{-1}$ is (in $ \, A$)

• A
  $0.12$
• B
  $0.06$
• C
  $0.24$
• D
  $0.18$