Queen managing Iran (4)
I believe the answer is:
rani
'queen managing iran' is the definition.
'rani' can be an answer for 'queen' (historical term for a Hindu queen). I'm not certain of the 'managing iran' bit.
'queen managing iran' is the wordplay.
'queen' becomes 'r' (r is abbreviation regina. e.g. in ER ).
'managing iran' becomes 'ani' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'r'+'ani'='RANI'
Can you help me to learn more?
(Other definitions for rani that I've seen before include "Raja's queen" , "Indian princess" , "Raja's wife" , "Wife of a raja" , "Hindu queen or princess" .)