A short bar magnet is placed in the magnetic meridian of the earth with north pole pointing north. Neutral points are found at a distance of 30 cm from the magnet on the East - West line, drawn through the middle point of the magnet. The magnetic moment of the magnet in Am2 is close to (Given μ04π=10−7 in SI units and BH= Horizontal component of earth's magnetic field =3.6×10−5Tesla.)