It is a freely falling body It has no acceleration It is moving with a constant speed Work done by the force acting on it is zero A satellite orbiting the Earth under the influence of gravity is a freely falling body (statement 1 is correct). It experiences a centripetal acceleration directed towards the Earth (statement 2 is incorrect). In a circular orbit, the speed is constant, but the velocity (which includes direction) is continuously changing, implying acceleration. In an elliptical orbit, neither speed nor velocity is constant (statement 3 is incorrect). The gravitational force is perpendicular to the displacement only in a circular orbit, in which case the work done by gravity is zero (statement 4 is correct for circular orbits).