tan naḥ paraṁ puṇyam asaṁvṛtārtham ākhyānam atyadbhuta-yoganiṣṭham ākhyāhy anantācaritopapannaṁ pārīkṣitaṁ bhāgavatābhirāmam
Synonyms
tat—therefore; naḥ—unto us; param—Supreme; puṇyam—purifying; asaṁvṛtārtham—as it is; ākhyānam—narration; ati—very; adbhuta—wonderful; yoganiṣṭham—compact in Bhaktiyoga; ākhyāhi—describe; ananta—the unlimited; ācarita—activities; upapannam—full of; pārīkṣitam—spoken to Maharaj Parikshit; bhāgavata—of the pure devotees; abhirāmam—particularly very dear.
Translation
Therefore you may narrate before us the narrations of the unlimited as they are purifying and supreme as they were spoken to Maharaj Parikshit full of Bhaktiyoga and very dear to the pure devotees.
Purport
By mentioning what was spoken to Maharaj Parikshit and which is very dear to the pure devotees means Srimad Bhagwatam. Srimad Bhagwatam is mainly full of the narrations in respect of the activities of the Supreme unlimited and therefore it is the science of Bhaktiyoga or devotional service of the Lord. As such it is para or the supreme because although it is enriched with all knowledge and religiosity specifically it is enriched with devotional service of the Lord.