Final answer:
Without specifying the magnetic field conditions, it's uncertain if a conducting loop will generate a current. A constant or varying magnetic flux is necessary for inducing direct or alternating current, respectively.
Step-by-step explanation:
The subject of the question pertains to electromagnetism, specifically Faraday's Law of electromagnetic induction and its implications for a conducting loop when exposed to a varying magnetic field. The generation of current in a conducting loop depends on the change in magnetic flux through the loop, according to Faraday's Law.
A direct current (D) occurs if there's a steady change in magnetic flux, while alternating current (C) is induced if the change in magnetic flux varies periodically. As the question does not specify a changing or constant magnetic field, the answer would remain undetermined without additional context. However, if the magnetic field remains static, the loop will not generate a current (A).