When bar magnet is entering with constant speed, flux will change and an e.m.f. is induced, so galvanometer will deflect in positive direction. When magnet is completely inside, flux will not change, so reading of galvanometer will be zero. When bar magnet is making on exit, again flux will change and on e.m.f. is induced in opposite direction to not of (a), so galvanometer will deflect in negative direction. Looking at options, option (3) is correct.