What is a NIzam? Is he higher or lower than a Maharaja?
I remember when this necklace was given to ER II, but never understood what a Nizam was...
Below maharaja (high king), I think, because it signifies some kind of administrator, governor, vice-king, regent, deputy, vassal, lieutenant or stadtholder. The Nizams of Hyderabad officially ruled on behalf of the Mughal padshah / emperor, with the title Nizam-al-Mulk - administrator of the realm.