What is the Galileo Project which has been in news recently?

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Q: 146 (IAS/2007)
What is the Galileo Project which has been in news recently?

question_subject: 

Current Affairs

question_exam: 

IAS

stats: 

0,62,34,22,7,5,62

keywords: 

{'galileo project': [0, 0, 1, 0], 'project': [1, 0, 4, 11], 'environmental protection project': [0, 0, 1, 0], 'missile shield': [0, 0, 2, 0], 'european union': [0, 2, 2, 3], 'news': [0, 1, 17, 65], 'india': [8, 1, 7, 13]}

The Galileo Project is a multi-satellite navigation project being developed by the European Union, hence option 4 is the correct answer.

Option 1 is incorrect, as the Galileo Project is not related to a missile shield program developed by the United States. Option 2 is also not correct because the Galileo Project is not an initiative by India with assistance from Canada. Neither does it relate to an environmental protection project by Japan, thus making option 3 untrue as well.

In summary, the Galileo Project is a global navigation satellite system (GNSS) initiative by the European Union to provide an independent high-precision positioning system, ensuring EU autonomy in space-based navigation, and it`s not affiliated with missile shield development, environmental protection, or any intercountry collaboration with India and Canada.