Step 1: Read the bridge data.
The metre bridge is balanced with segments of $40\,\text{cm}$ and $60\,\text{cm}$, wire resistance $1\,\Omega\,\text{m}^{-1}$, a $4\,\Omega$ arm, an unknown arm $Y$, and a $6\,\text{V}$ supply with negligible internal resistance.
Step 2: Find the wire-segment resistances.
$R_{AD} = 0.40 \times 1 = 0.4\,\Omega$ and $R_{DC} = 0.60 \times 1 = 0.6\,\Omega$.
Step 3: Apply the balance condition.
For a balanced bridge $\dfrac{4}{0.4} = \dfrac{Y}{0.6}$, so $10 = \dfrac{Y}{0.6}$ and $Y = 6\,\Omega$.
Step 4: Reduce each branch.
Top branch: $4 + 6 = 10\,\Omega$. Bottom branch (the wire): $0.4 + 0.6 = 1\,\Omega$. Because the bridge is balanced, no current flows in the galvanometer arm, so these two branches are simply in parallel across the battery.
Step 5: Combine in parallel.
$R_{eq} = \dfrac{10 \times 1}{10 + 1} = \dfrac{10}{11}\,\Omega$.
Step 6: Apply Ohm's law for total current.
$I = \dfrac{V}{R_{eq}} = \dfrac{6}{10/11} = \dfrac{66}{10} = 0.66\,\text{A}$, which is option (2).
\[ \boxed{I = 0.66\ \text{A}} \]