And what does it say right above that?

An invented term for a South Asian person.

And from CubitOom’s link:

An invented Indian-sounding given name

And from the sources cited on Wikipedia:

a derogatory made-up Indian name originating on 4chan in 2015

First seen on 4Chan, The term “pajeet” is an ethnic slur, coined as a derisive imitation of Indian names