If we form a four-letter meaningful word by using the 2nd, 5th, 7th and 11th letters from the left end of the word "APPRECIATIVE", then which of the following will be the first letter of the meaningful word thus formed? If more than one meaningful word is formed mark Y as your answer. If no meaningful word is formed, mark X as your answer.
1
P
2
V
3
E
4
Y
5
X