In this ckt the zener diode D1 and it’s associated resistor R1 are connected to the non-inverting terminal (+ve) of 741 to give the suitable reference voltage. The DC voltage from the sensor is given to the inverting (-ve) terminal through pre-set R2.This is used to set the input level.
When the sensor input is less than Zener voltage the output from the Op-amp remains high and when it is greater than Zener voltage the output goes low. When the sensing voltage is equal to Zener voltage the output of the op-amp is approximately zero.
This phenomenon is used as a decision for switching the relay and to give cutoff in a low voltage situation.