Step 1: Concept of magnetic field due to current carrying wire.
Magnetic field at a point due to a finite straight wire is:
\[
B = \frac{\mu_0 I}{4\pi r}(\sin\theta_1 + \sin\theta_2)
\]
Step 2: Field due to one side of square.
At the centre of a square, each side subtends equal angles:
\[
\theta_1 = \theta_2 = 45^\circ
\]
So,
\[
\sin 45^\circ + \sin 45^\circ = \frac{\sqrt{2}}{2} + \frac{\sqrt{2}}{2} = \sqrt{2}
\]
Distance from centre to side:
\[
r = \frac{a}{2}
\]
Step 3: Magnetic field due to one side.
\[
B_1 = \frac{\mu_0 I}{4\pi (a/2)} \cdot \sqrt{2}
\]
\[
B_1 = \frac{\mu_0 I \sqrt{2}}{2\pi a}
\]
Step 4: Total field due to 4 sides.
All four sides contribute equally and in same direction:
\[
B = 4B_1 = \frac{2\sqrt{2}\mu_0 I}{\pi a}
\]
Step 5: Substitute values.
\[
I = 5 \, A,\quad a = 5 \, cm = 0.05 \, m,\quad \mu_0 = 4\pi \times 10^{-7}
\]
\[
B = \frac{2\sqrt{2} \cdot 4\pi \times 10^{-7} \cdot 5}{\pi \cdot 0.05}
\]
Cancel \(\pi\):
\[
B = \frac{2\sqrt{2} \cdot 20 \times 10^{-7}}{0.05}
\]
\[
B = \frac{40\sqrt{2} \times 10^{-7}}{0.05}
\]
Step 6: Final calculation.
\[
B \approx 2.3 \times 10^{-3} \, T
\]
\[
B \approx 2.3 \, mT
\]
Step 7: Final conclusion.
\[
\boxed{2.3 \, mT}
\]