Answer
See the detailed answer below.
Work Step by Step
By Lenz's law, the induced current will be created to oppose the decrease or the increase of the magnetic flux inside the loop.
$$\color{blue}{\bf [a]}$$
And since the magnetic flux decreases by moving away from magnet bar 1, the induced current should create a magnetic flux that has the same direction as magnet bar 1.
So, according to the right-hand rule, the induced current is moving from $\textbf{right to left}$ through the resistor $R$.
$$\color{blue}{\bf [b]}$$
The magnetic flux decreases by moving away from magnet bar 2, the induced current should create a magnetic flux that opposes the motion of magnet bar 2 to maintain the initial flux. But the flux created is to the right for the right of the solenoid and is to the left for the left side of the solenoid since we are dealing with loops. Thus, the net flux on the two sides has opposite signs and the net flux is zero. In other words, the net induced flux is zero and hence the induced current is zero.
