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I have read that Previous Block hash takes around 32 bytes in the Block Header. Since it is a SHA256 hash which is 64 characters long, shouldn't it take 64 bytes as well? Similarly, Merkle root and other parameters.
Take a look at the following: 010000009500c43a25c624520b5100adf82cb9f9da72fd2447a496bc600b0000000000006cd862370395dedf1da2841ccda0fc489e3039de5f1ccddef0e834991a65600ea6c8cb4db3936a1ae3143991
Length: 160
Apparently, it is x2 of what is actually written everywhere.
What kind of encoding is used here?

Yes, apparently you can store the full hash in BINARY(32). Right? – Areeb – 2019-05-10T08:47:25.670
1Right. It’s 32 binary bytes irrespective of the representation of them. – Anonymous – 2019-05-10T09:22:55.077