A square metal wire loop of side 10cm and resistances 1Ω is moved with constant velocity v0 in a uniform magnetic field of induction B=2Wb m−2, as shown in figure. The magnetic field lines are perpendicular to the plane of loop and directed into the paper. The loop is connected to the network of resistances, each of value 3Ω. The resistance of the lead wires is negligible. The speed of the loop so as to have a steady current of 1mA in the loop is