Correct Answer is: (b) decreases as 1/r
Construct a concentric circle of radius r. The induced electric field (E) at any point on this circle is equal to that at P. For this circle,
∮ Vector E. d Vector r = 2πrE = induced emf = dΦ/dt = πa2 B(t).
As the RHS is independent of r, therefore E ∝ 1/r.