As shown in the figure a magnet is moved with a fast speed towards a coil at rest. Due to this induced emf, induced current and induced charge in the coil is $E,\, I$ and $Q$ respectively. If the speed of the magnet is doubled, the incorrect statement is
Induced emf $E=I R$
or$I=\frac{E}{R}$
and$E=\frac{d \phi}{d t}$$\therefore I=\frac{d \phi}{d t R}$
Induced charge $q=I . d t$$=\frac{d \phi}{R}$
If speed is doubled, then dt decrease, hence, $E, I$ increases, but $q$ will not increase.
Electromagnetic Induction is a current produced by the voltage production due to a changing magnetic field. This happens in one of the two conditions:-
When we place the conductor in a changing magnetic field.
When the conductor constantly moves in a stationary field.