Text 12]
Bhāgavatam is the Answer
565
tāsu —in that;  avātsīt —resided;  sva —own;  sṛṣṭāsu —in the matter of creation;  sahasram —one thousand;  parivatsarān —years of His measurement;  tena —for that reason;  nārāyaṇaḥ —the Personality of Godhead named Nārāyaṇa;  nāma —name;  yat —because;  āpaḥ —water;  puruṣa-udbhavāḥ —emanated from the Supreme Person.
TRANSLATION
That Supreme Person is not impersonal and therefore is distinctively a nara, or person. Therefore the transcendental water created from the Supreme Nara is known as nāra. And because He lies down on that water, He is known as Nārāyaṇa.
TEXT 12
द्रव्यं कर्म च कालश्च स्वभावो जीव एव च । यदनुग्रहतः सन्ति न सन्ति यदुपेक्षया ॥१२॥
dravyam karma ca kālaś ca   sva-bhāvo jīva eva ca   yad-anugrahataḥ santi   na santi yad-upekṣayā
dravyam —physical elements;  karma —action;  ca —and;  kālaḥ —time;  ca —also;  sva-bhāvaḥ jīvaḥ —the living entities;  eva —certainly;  ca —also;  yat —whose;  anugrahataḥ —by the mercy of;  santi —exist;  na —does not;  santi —exist;  yat-upekṣayā —by negligence.
TRANSLATION
One should know definitely that all material ingredients, activities, time, modes, and the living entities who are meant to enjoy them all, exist by His mercy only, and as soon as He does not care for them, everything becomes nonexistent.
PURPORT
The living entities are the enjoyers of the material ingredients, time, modes, etc., because they want to lord it over the material nature. The