We present a multi-wavelength study of the radio-loud narrow line Seyfert 1 galaxy ( NLSy1 ) , 1H 0323+342 , detected by Fermi Gamma Ray Space Telescope .
Multi-band light curves show many orphan X-ray and optical flares having no corresponding \gamma -ray counterparts .
Such anomalous variability behavior can be due to different locations of the emission region from the central source .
During a large flare , \gamma -ray flux doubling time scale as small as \sim 3 hours is noticed .
We built spectral energy distribution ( SED ) during different activity states and modeled them using an one-zone leptonic model .
The shape of the optical/UV component of the SEDs is dominated by accretion disk emission in all the activity states .
In the X-ray band , significant thermal emission from the hot corona is inferred during quiescent and first flaring states , however , during subsequent flares , non-thermal jet component dominates .
The \gamma -ray emission in all the states can be well explained by inverse-Compton scattering of accretion disk photons reprocessed by the broad line region .
The source showed violent intra-night optical variability , coinciding with one of the high \gamma -ray activity states .
An analysis of the overall X-ray spectrum fitted with an absorbed power-law plus relativistic reflection component hints for the presence of Fe K- \alpha line and returns a high black hole spin value of a =0.96 \pm 0.14 .
We argue that 1H 0323+342 possesses dual characteristics , akin to flat spectrum radio quasars ( FSRQs ) as well as radio-quiet NLSy1s , though at a low jet power regime compared to powerful FSRQs .