Liquid crystals have found applications in modern display technology and other fields because of their some specific properties inherent to them. They exhibit anisotropic behavior in different properties e.g. dielectric, optical, elastic, magnetic etc. These properties have made them useful in different technological applications. In this article we have discussed these properties in some details and explained the origin these anisotropies. We have also discussed some physical parameters which are relevant in understanding the physical properties of liquid crystals.
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