What does Nagaraja mean?
From Sanskrit नागराज (nagaraja) 'king of snakes', from naga 'snake/serpent' + raja 'king' (also spelled Nagaraj in Tamil/Kannada/Telugu usage). A well-attested compound; the serpent sense is secure.
What does Lakshya mean?
From the Sanskrit लक्ष्य (lakṣya), 'that which is to be aimed at, a mark, target, goal, objective'. A well-attested classical word, from the root lakṣ ('to aim, perceive').