A Magnet,with Its North Pole Pointed Downwards,is Falling Down Directly

Multiple Choice

A magnet,with its north pole pointed downwards,is falling down directly above a wire loop.As the magnet approaches the wire loop (before it passes through the loop) ,

A) an induced current flows through the wire loop,in a clockwise orientation (as seen from above) .
B) an induced current flows through the wire loop,in a counterclockwise orientation (as seen from above) .
C) no current flows through the wire loop.