1
To memorise the direction of induced emf according to the Lenz's Law, assume the loop to be a just like human.
When he has money (magnetic flux) and he is offered more, then he declines the offer.
When money is taken away from him, he tries his best to get it back.
When he has money (magnetic flux) and he is offered more, then he declines the offer.
When money is taken away from him, he tries his best to get it back.

(a) If a north pole of magnet is moved closer to a loop, the loop will create a North Pole (N) to scare away (repel) the magnet (cause of increase in flux through it).
(b) And if the north pole of magnet is moved away from the loop, the loop will create a South Pole (S) to tempt (attract) the magnet (cause of decrease in flux through it).
(b) And if the north pole of magnet is moved away from the loop, the loop will create a South Pole (S) to tempt (attract) the magnet (cause of decrease in flux through it).