A conducting bar of length L is free to slide on two parallel conducting rails as shown in the figure

Two resistors R1 and R2 are connected across the ends of the rails. There is a uniform magnetic field \(\overrightarrow B \) pointing into the page. An external agent pulls the bar to the left at a constant speed v.

The correct statement about the directions of induced currents I1 and I2 flowing through R1 and R2 respectively is:

1
I1 is in anticlockwise direction and I2 is in clockwise direction
2
I1 is in clockwise direction and I2 is in anticlockwise direction
3
Both I1 and I2 are in anticlockwise direction
4
Both I1 and I2 are in clockwise direction

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