You should be able to go into the motherboard's BIOS (usually pressing F2 as the PC boots up) and simply reset the BIOS back to factory settings.
Underclocking does not necessarily means your PC will be less loud. The problem could be that the CPU heatsink fan is simply loud. You may attempt to adjust the fan speed in the BIOS if the option is available. Setting the fan speed too low can cause the CPU to overheat.
Noise is basically caused by moving parts and that generally means fans, hard drives and optical drives. Most noise comes from the various fans (CPU, GPU, Power Supply, intake / exhaust fans) since they are always spinning when the PC is on. You may need to replace them if they are too loud.
Replacing the intake / exhaust...