If it is possible to make a meaningful word with the third, fifth, ninth, and tenth letters of the word “PERSEVERANCE” which of the following will be the second letter from the right end of that newly formed word? If more than one such word can be made, give M as the answer and if no such word can be made, give Y as the answer.

The correct option is M.

Let us analyze the given word step-by-step to form the required meaningful word(s).

Step 1: Identify the positions of the letters in the word "PERSEVERANCE".
1st letter: P
2nd letter: E
3rd letter: R
4th letter: S
5th letter: E
6th letter: V
7th letter: E
8th letter: R
9th letter: A
10th letter: N
11th letter: C
12th letter: E

Step 2: Extract the specified letters.
3rd letter = R
5th letter = E
9th letter = A
10th letter = N

The extracted set of letters is {R, E, A, N}.

Step 3: Form meaningful English words using each of these four letters exactly once.
Using the letters R, E, A, and N, we can form the following valid English words:
1. EARN
2. NEAR

Step 4: Determine the final answer based on the given conditions.
Since more than one meaningful word can be formed (both EARN and NEAR), according to the instructions, we must give M as the answer.