Answer:
The induced current is counter clockwise if the current is decreasing and towards right.
Explanation:
When the current is decreasing in the wire, the direction of magnetic field at the center of the loop is outwards to the plane of paper which is given by the Maxwell's right hand thumb rule. The magnetic field is decreasing in nature.
So according to the Lenz's law, the induced current is such that which opposes the cause of its production, so that the induced current is counter clockwise.
