intuitively, think monotonic increasing means the graph doesn't go down and monotonically decreasing means it doesn't go up.
the formal definitions are:
if f(x) is monotonically increasing, then f(a) <= f(b) for any a <= b.
if f(x) is monotonically decreasing, then f(a) >= f(b) for any a <= b.
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if f'(x) >= 0 for all x, f is monotonic increasing
if f'(x) <= 0 for all x, f is monotonic decreasing
the questions would generally involve differentiation, where you differentiate a function to prove it's increasing or decreasing.
there might be other things too