Answer:
Step-by-step explanation:
The magnetic field is pointing upwards , so magnetic flux is upwards . Due to increase in area , magnetic flux in upward direction will increase . Hence according to Lenz's law , induced current will be such that it will try to counter this increase . It is possible if current is in clockwise direction . Due to it magnetic field will be induced in downward direction thus reducing the total magnetic flux.
Hence direction of induced current will be clockwise direction in the loop as shown in the image enclosed .