CT ratio is the ratio of primary (input) current to secondary (output) current. A CT with a listed ratio of 4000:1 would provide 1A of output current, when the primary current was 4000A.
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The question is incomplete, because there are no mention about CT & PT ratios. 600VA 5 can not be CT ratio.
The turns ratio of a current transformer (CT) refers to the ratio of the number of turns in the primary winding to the number of turns in the secondary winding, which determines how the primary current is scaled down to a measurable level. In contrast, the current ratio indicates the relationship between the primary current and the secondary current, reflecting how much the CT reduces the current for measurement purposes. Essentially, while the turns ratio is a design characteristic of the transformer, the current ratio is a functional aspect that describes its performance in operation.
Current transformers produce a ratio of primary current in the secondary. If the secondary of a CT is open circuited, and primary current is flowing, the CT will try to push that same ratio of current through the secondary open circuit. This causes secondary voltage to climb until it the secondary open circuit flashes over. This can often damage the CT.
A multi ratio CT is just that, it's a CT that has multiple secondary taps. An example is a 1200/5, 5 tap CT, which can be set to many ratios between 100/5 and 1200/5.
'CT' is used to designate current transformers, and 'PT' is used to designate potential transformers. A current transformer provides a ratio of primary current to the secondary. A potential transformer provides a ratio of primary voltage to the secondary. A power transformer (step up or step down) resembles a PT more than a CT.