One verse

Srimad Bhagavatam 2.8.21

2.8.21

सम्प्लव: सर्वभूतानां विक्रम: प्रतिसंक्रम: । इष्टापूर्तस्य काम्यानां त्रिवर्गस्य च यो विधि: ॥ २१ ॥

samplavah sarva-bhutanam vikramah pratisankramah ista-purtasya kamyanam tri-vargasya ca yo vidhih

samplavah
the perfect means or complete devastation
sarva-bhutanam
of all living beings
vikramah
specific power or situation
pratisankramah
ultimate destruction
ista
performance of Vedic rituals
purtasya
pious acts in terms of religion
kamyanam
rituals for economic development
tri-vargasya
three means of religion, economic development and sense satisfaction
ca
also
yah
whatsoever
vidhih
procedures

Please explain unto me how the living beings are generated, how they are maintained, and how they are annihilated. Tell me also of the advantages and disadvantages of discharging devotional service unto the Lord. What are the Vedic rituals and injunctions of the supplementary Vedic rites, and what are the procedures of religion, economic development and sense satisfaction?