natva bhagavate ’jaya
vaksye sanatanam dharmam
sri-naradah uvaca—Sri Narada Muni said; natva—offering my obeisances; bhagavate—unto the Supreme Personality of Godhead; ajaya—ever existing, never born; lokanam—throughout the entire universe; dharma-setave—who protects religious principles; vaksye—I shall explain; sanatanam—eternal; dharmam—occupational duty; narayana-mukhat—from the mouth of Narayana; srutam—which I have heard.
Sri Narada Muni said: After first offering my obeisances unto Lord Krsna, the protector of the religious principles of all living entities, let me explain the principles of the eternal religious system, of which I have heard from the mouth of Narayana.
The word aja refers to Krsna, who explains in Bhagavad-gita (4.6), ajo ’pi sann avyayatma: “I am ever existing, and thus I never take birth. There is no change in My existence.”
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