A bar magnet is moving along the axis of a copper ring. The movement of a magnet there will be a magnetic field. Then the current will be induced in the copper ring. It is observed that the current is in an anticlockwise direction looking from the magnet. Then the magnetic field induced in the copper ring will be towards the observer (We are observing the current direction form the magnet).

According to Lenz’s law, the induced current is such that it opposes the increase in the magnetic field that induces it. If the south pole faces the ring and the magnet is moving towards the then the current induced in the ring will be the clockwise direction. In the same case if the magnet is moving away from the ring, then the current will be in the anticlockwise direction. If the magnet is moving towards the ring and north pole is facing the ring, then the current induced in the ring will be in the anticlockwise direction. If the magnet is moving away from the ring, in this case, the induced current will be in a clockwise direction. So option B and C are correct.