A circular loop placed in a plane perpendicular to the plane of paper carries a current when the key is ON. The current as seen from points A and B (in the plane of paper and on the axis of the coil) is anti clockwise and clockwise respectively. The magnetic field lines point from B to A. The N-pole of the resultant magnet is on the face close to

On applying Right hand thumb rule, the magnetic field lines will be from point B to point A. As we know that magnetic field lines moves from North pole to South pole outside the magnet. So, A will represent North and B will represent south pole. So, The N-pole of the resultant magnet is on the face close to point A.
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