Text 2

भवाप्ययौ हि भूतानां श्रुतौ विस्तरशो मया ।
त्वत्तः कमलपत्राक्ष माहात्म्यमपि चाव्ययम् ॥२॥

bhavāpyayau hi bhūtānāḿ
śrutau vistaraśo mayā
tvattaḥ kamala-patrākṣa
māhātmyam api cāvyayam

Translation:

O lotus-eyed one, I have heard from You in detail about the appearance and disappearance of every living entity and have realized Your inexhaustible glories.

Purport:

Arjuna addresses Lord Krishna as "lotus-eyed" (Krishna's eyes appear just like the petals of a lotus flower) out of his joy, for Krishna has assured him, in the previous chapter, aham kritsnasya jagatah prabhavah pralayas tatha: "I am the source of the appearance and disappearance of this entire material manifestation." Arjuna has heard of this from the Lord in detail. Arjuna further knows that in spite of His being the source of all appearances and disappearances, He is aloof from them. As the Lord has said in the Ninth Chapter, He is all-pervading, yet He is not personally present everywhere. That is the inconceivable opulence of Krishna which Arjuna admits that he has thoroughly understood.