On the first picture, the lever lever is indeed the 4WD, however the stickers are not very clear on which position means what. Usually down is engaged and up disengaged but I can confirm 100% on that tractor. It's a matter of lifting the front wheels with the loader and back drag for a couple feet and see whenever the front wheels turn or not depending on the position of the lever.
The right lever is the PTO gear selector lever. You have 540 on the up position, middle is neutral and down must be 540E (or 780 if you over speed it). 540 is for PTO implements, like a wood chipper that requires lots of power and the engine needs to be running at the rated RPM which should be around 2600 RPM. The 540E runs with the engine on about 1800 RPM, so much less noise and fuel consumption, and it's used with implements that doesn't require that much power. However I've found theses engines to have quite a lot torque, so I rarely use the regular 540 when mowing and tilling. Even with very dense and high brush, it just goes and don't even try to bog down on me.
The right picture, the left lever is for the draft control. This is a function mostly used when plowing. It will lift the plow according to the ground variations and the traction of the tractor. It's a bit tricky to explain and it's really used much. You can pretty much ignore it. Just leave it all the way forward so it lets the 3 pt going all the way down.
The right lever, is the 3 pt control. It lifts and lowers the implement in the back.
When you're sitting in the tractor, if you look down in between your legs, you see a knob. This knob is pretty much like a ball valve and it's used to limit the speed of the implement when lowering. Some times, when moving around in the seat, you can accidentally hit it with your leg and close it all the way, so the implement will only lift but won't come down. So don't be alarmed if the try to lower the implement and won't move. It happened to me also. Then I realize it this knob.