“…The ferrites are ionic in nature and are more stable because of their oxide bonding which exists between the metal ions. Therefore, ferrites are playing a great role in many devices of every-day life (ac and dc motors, power distribution systems, video and audio applications, microwave devices, antenna rods, loading coils, core material for power transformers in electronics, high-frequency devices [4][5][6], memory devices such as hard disks, floppy disks [6][7][8], capacitor electrode, catalysis [5,8], drug delivery [5], water treatment [9], and gas sensors [5].…”