a
$F = BI 2 a =\frac{\mu_{0} I }{2 \pi r } I \times 2 a$
$F =\frac{\mu_{0} I ^{2} a }{\pi \sqrt{ b ^{2}+ a ^{2}}}$
$\tau= F \cos \theta \times 2 a$
$=\frac{\mu_{0} I^{2} a}{\pi \sqrt{b^{2}+a^{2}}} \times \frac{b}{\sqrt{b^{2}+a^{2}}} \times 2 a$
$\tau=\frac{2 \mu_{0} I^{2} a^{2} b}{\pi\left(a^{2}+b^{2}\right)}$
If $b \gg a$ then $\tau=\frac{2 \mu_{0} I ^{2} a ^{2}}{\pi b }$
But among the given options $(1)$ is most appropriate
