Concept:
The magnetic field on the axis of a circular current-carrying coil at a distance \(x\) from its center is given by:
\[
B = \frac{B_0}{\left(1 + \dfrac{x^2}{R^2}\right)^{3/2}}
\]
where:
\(B_0\) is the magnetic field at the center of the coil,
\(R\) is the radius of the coil,
\(x\) is the axial distance from the center.
Step 1: Substitute the given values.
\[
B_0 = 16~\mu\text{T}, \quad x = \sqrt{3}R
\]
\[
\frac{x^2}{R^2} = \frac{(\sqrt{3}R)^2}{R^2} = 3
\]
Step 2: Calculate the magnetic field at the given point.
\[
B = \frac{16}{(1+3)^{3/2}}
= \frac{16}{4^{3/2}}
\]
\[
4^{3/2} = ( \sqrt{4} )^3 = 2^3 = 8
\]
\[
B = \frac{16}{8} = 2~\mu\text{T}
\]
Conclusion:
\[
\boxed{B = 2~\mu\text{T}}
\]
Hence, the correct answer is (4).