A circular wire loop of mass M and radius R carries a current I . It hangs from a hinge that allows it to swing in the direction perpendicular to the plane of the loop. A uniform magnetic field B exists everywhere in space pointing upwards. What angle THETA does the plane of the loop make with the vertical when it is in static equilibrium?

The current in the loop and magnetic field direction are connected according to the right hand rule: curl fingers to the direction of the current in the loop, the thumb points in the direction of magnetic moment of the loop that coincides with the direction of B. =>

The plane of the loop must be perpendicular to the direction of magnetic field.