“…Many interesting magnetic properties are exhibited by these nanoparticles compared to their bulk counterparts [6][7][8]. The magnetic properties of alloy nanoparticles depend on various factors such as size [6,9], shape [10], anisotropy [11][12][13], surface effects [6,13], crystal structure [1,13], composition [1,14,15], adsorption of surfactants [16,17] and magnetic interaction between particles [18,19]. Below certain critical size, non-interacting single domain magnetic nanoparticles exhibit superparamagnetism, i.e.…”