The correct option is A 3.5 km/sec
Orbital speed is v=√GMer for a satellite at a distance r from the Earth's centre.
Firstly, the satellite is said to be near the earth's surface, we take the radius as Earth's radius, 'R'.
⇒v=√GMeR=7 km/s
Now, the radius of the orbit is 4 times the radius of the earth(R), the orbital speed (v′) is given by:
v′=√GMe4R=1√4√GMeR=0.5×7=3.5 km/s