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The origin and the destruction of beings verily have been heard by me in detail from Thee, O lotus-eyed Lord, and also Thy inexhaustible greatness.

I have heard from you at length about the arising and passing away of beings, lotus-eyed one, and also of your imperishable greatness.

Arjuna sums up what he has learned so far. He has heard in detail how beings come into existence and dissolve, and he has heard of Krishna's greatness that never declines. The address lotus-eyed is affectionate, the language of someone who sees beauty in the teacher as well as authority. The verse works as a bridge. It gathers up the teaching of the preceding chapters, which spoke of creation, dissolution and the divine source, and it sets up the contrast to come: Arjuna has heard all this, but he has not yet seen it.