A bar magnet with its north pole pointing down is dropped

Question

Solve the each part of given problem:

Problem: A bar magnet with its North Pole pointing down is dropped toward a circular conducting loop area 10m² causing the magnetic field to increase from 1T to 0.3T in 0.02 seconds.

Part I: Determine the EMF induced in the loop?

Part II: Determine the direction of the current as viewed from the top.

Please show all work and steps thank you!