(N/A) The magnetic field lines produced by the current in wires $A$ and $B$ are concentric circles centered at the wires,with their direction determined by the Right-Hand Thumb Rule. Since both currents flow inwards,the field lines are clockwise.
Point $K$ is equidistant from wires $A$ and $B$. Since both wires carry equal currents,the magnetic fields produced at $K$ by wire $A$ and wire $B$ are equal in magnitude. According to the Right-Hand Thumb Rule,the magnetic field due to wire $A$ at $K$ points in one direction (e.g.,upwards),while the magnetic field due to wire $B$ at $K$ points in the opposite direction (e.g.,downwards). Because these two fields are equal in magnitude and opposite in direction,they cancel each other out,making the net magnetic field at point $K$ zero.
If the direction of current in wire $B$ is reversed (i.e.,it flows outwards),the direction of the magnetic field produced by wire $B$ at point $K$ also reverses. Consequently,both magnetic fields at point $K$ will now point in the same direction and add up,resulting in a non-zero net magnetic field.