The document discusses different types of functional relays used in power systems, including:
1) Induction type directional power relay and impedance relay, which operate based on the direction of power flow or the ratio of voltage to current (impedance).
2) Distance relay, which is used for high voltage transmission line protection and can operate instantaneously or with a time delay depending on the type.
3) The main types of distance relays discussed are impedance, reactance, admittance, ohm, and offset mho relays.