In general, an LCR meter will measure either capacitance (C, in uF or pF usually), inductance (L in microhenry or millihenries usually) or resistance (R, on ohms or Kohms usually). You select which one using the FUNCTION button. There are two displays on your meter. This is because when you measure inductance or capacitance, you sometimes also want to know the D or Dissipation Factor. Dissipation Factor is equal to the real part of the impedance divided by the reactance of the test subject. D is commonly used with capacitors, and Q which equals 1/D is used with inductors. Measurement of D is a way of checking if the capacitor is bad. If you measure a very small value of D in a capacitor, it is fine, but a large D is usually an indication that the capacitor is bad. You can sometimes measure a good C and a bad D at the same time and in this case the capacitor is still bad. Measurement of D for an inductor tells you the Q and so tells you how lossy your inductor is. An inductor is not really "bad" when it has higher Q, it is just different than one with lower Q and we pick and choose the Q we want for the circuit application.
This may be useful:
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With your meter, you would attach the device under test to the two inner blue terminals. Leave the shorting bars where they are. Press the function button for L, C or R and note the results shown. If you don't get a result, try leaving the Range button on Auto. Its pretty simple really.