The relay setpoint is 5V as given in the problem. The relay is tied to a transformer. The transformer turns ratio is N1/N2 or V1/V2. So, the turns ratio is 120.
The secondary voltage would be 5V whereas the primary voltage would be 5V*120 = 600V. Therefore the contacts in the relay will change state when 600V is applied on the high side. 600V = 0.6kV.
The fact that i's a WYE connected capacitor bank or the fact that it's neutral to ground seems irrelevant.