Step 1: Concept
Work function ($\phi$) = $h \nu_0$, where $\nu_0$ is the threshold frequency.
Step 2: Meaning
$\phi = (6.626 \times 10^{-34}) \times (5 \times 10^{14}) \text{ Joules}$.
Step 3: Analysis
To convert Joules to eV, divide by $1.6 \times 10^{-19}$:
$\phi = \frac{6.626 \times 10^{-34} \times 5 \times 10^{14}}{1.6 \times 10^{-19}} = \frac{33.13 \times 10^{-20}}{1.6 \times 10^{-19}} \approx 2.07 \text{ eV}$.
Step 4: Conclusion
Hence, the work function is 2.07 eV.
Final Answer: (D)