A long wire carries a steady current of 1 Ampere. A ''S'' shaped conducting rod AB consisting of two semicircles each of radius r is placed in such a way that the centre C of the conducting wire is at a distance 2r from the end of the wire.The rod AB moves with velocity of 5ms−1 along the direction of the current flow as shown in the figure. If the line joining the ends of the rod makes an angle 60∘ with the wire then,