Question

which force is responsible for holding a satellite in its orbit around the earth? explain

Answer 1

centripetal force and centrifugal force
there are 2 forces which work on anorbiting satellite,1 gravity which attempt to pull the satellite down (consdred as centripetal force)the other is inertia of the satellites forward velocity(centrifugal force) the orbital speed allows the satellite to fall "past"the earth gravity pulls down on ,
this appears as a  force opposing gravity bcz some of the  tangential force vector is applied outward,so stable balance between gravity and inertial velocity keeps it stable in its orbit.

Answer 2

Gravitational force and inertia of the satellite's is responsible for holding a satellite in its orbit around the earth. Gravity pulls it downward and inertia maintains it.. :)