A circular insulated copper wire loop is twisted to form two loops of area A and 2A as shown in the figure. At the point of crossing the wires remain electrically insulated from each other. The entire loop lies in the plane (of the paper). A uniform magnetic field B points into the plane of the paper. At t = 0, the loop starts rotating about the common diameter as axis with a constant angular velocity ω in the magnetic field. Which of the following options is/are correct?