To check if the relation is reflexive, we check if \( x = y \) satisfies the equation. For \( x = y \), the equation becomes:
\[
x^2 - 4x^2 + 3x^2 = 0
\]
This simplifies to:
\[
0 = 0
\]
Hence, the relation is reflexive. However, we do not need to check for symmetry and transitivity in this case as the correct answer is already found to be reflexive.