Transcendental knowledge is the knowledge that you cannot get just by reading a book, but it’s the knowledge you get by the mercy of a pure devotee like Śrīla Prabhupāda. Śrīla Prabhupāda gives his mercy or through devotional service, and then somebody actually understands what this knowledge means, how to apply it. That makes you fearless, when a person is fearful, “What’s going to happen?”; when a person doesn’t know what to do, what not to do. This is a symptom of a lack of transcendental knowledge.
His Holiness Jayapataka Swami Maharaj
1989, 13th October, SB class, @ New Talavan, USA