• sva-bodhaḥ — full in His own knowledge
  Compound: sva (His own, intrinsic) + bodha (knowledge). The verse plants the doctrinal anchor: Kṛṣṇa is by nature sva-bodha. Whatever appearance of forgetfulness shows next is play, not metaphysical lapse.
• sva-jana-anuṣaṅgataḥ — from attachment to His own people
  Compound: sva-jana (one's own people) + anuṣaṅga (attachment, association). Gauḍīyas read this as the technical word for Bhagavān's deliberate sneha-ābhāsa — He becomes "attached" only because He has consented to be Vasudeva's son.
• āsurīm māyām — demonic illusion
  Phrase: āsurī (demonic) + māyā (illusion). The Bhāgavatam carefully distinguishes asurī-māyā (Maya Dānava's) from yoga-māyā (Kṛṣṇa's). One conceals to mislead, the other conceals to invite deeper love.
• maya-uditām — engineered by Maya
  Compound: maya (the asura-architect Maya Dānava) + udita (issued, produced). Maya is the legendary builder of the Pāṇḍavas' assembly hall and now of Śālva's Saubha — the same craftsman who serves whichever side hires him.

By nature full in knowledge, possessing unlimited perception, Kṛṣṇa lets Himself be absorbed in the human mood for a moment out of great affection for His own — then He recalls that the whole thing is Maya Dānava's design, employed by Śālva. The Lord's "realization" is staged just long enough to honor the role of son and not a second longer.