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Hieun Tsang, the renowned Chinese traveller of the seventh century, says
that according to tradition the place owed its name to a Naga of the same
name which resided in a local tank. But he thinks it more probable that Lord
Buddha, in one of his previous births as Bodhisatwa, became a king with his
capital at this place and that his liberality won for him and his capital
the name Nalanda or "Charity without intermission". The third theory
about the name of the place is that it derived from Nalam plus da. Nalam means
lotus which is a symbol for knowledge and Da means given the place had many
lotuses.