NPTEL MCQ Quiz 3
Q1. Which of the following is NOT a key sector of Industry 4.0?
a. Smart robotics
b. Smart Warehousing
c. Intelligent manufacturing
d. Paper-Based Inventory Management
Q2. What is a key advantage of the Outcome-Based Model in IoT business?
a. Decreased profit margin
b. Increased negotiation cycle
c. Higher customer satisfaction
d. Increased risks
Q3. Which layer in the Industrial Internet Reference Architecture (IIRA) implements domain-specific
applications and decision support systems and provides interfaces to end-users?
a. Edge Layer
b. Enterprise Layer
c. Platform Layer
d. Gateway Layer
Q4. Which of the following is NOT a component of IIoT business models?
a. Value Proposition
b. Value Capturing Mechanism
c. Value Extraction Model
d. Value Communication
Q5. What is the primary purpose of a Cloud-Based Business Model in IIoT?
a. Selling software licenses
b. Leasing cloud computing resources temporarily
c. Manufacturing industrial equipment
d. Increasing industrial workforce requirements
Q6. Based on the leading and lagging Occupational Safety and Health (OSH) indicators, Key
Performance Indicators (KPIs) are also categorized into _________ and _________.
a. Leading KPI and Lagging KPI
b. Low KPI and High KPI
c. Level KPI and ground KPI
d. None of these
Q7. Which of the following is NOT one of the four viewpoints in the Industrial Internet Reference
Architecture (IIRA)?
a. Business viewpoint
b. Usage viewpoint
c. Functional viewpoint
d. Financial viewpoint
Q8. State true or false. In the Usage Viewpoint of IIRA, "Task" is a basic unit of work carried out by a
party assuming a role.
a. True
b. False
Q9. Which of the following is a challenge uniquely associated with asset-sharing IoT business
models?
a. Profit margin
b. Asset configuration
c. Scalability
d. Resource utilization
Q10. What are the key revenue models in a Cloud-Based Business Model?
a. Direct product sales, Leasing, Licensing
b. Pay-per-use, Subscription fees, Advertisement
c. One-time installation charges, Maintenance fees, Donations
d. Mass production, Bulk discounts, Customer referrals
Q11. Which of the following is an advantage of the subscription-based IoT business model?
a. Reduced operational complexity
b. Predictable, recurring revenue streams
c. Lack of customer interaction
d. Fixed pricing for all customers
Q12. Which of the following is/are types of business models for IoT?
a. Subscription Model
b. Outcome-Based Model
c. Asset-Sharing Model
d. All of these
Q13. What is a major benefit of the layered databus pattern in IIRA?
a. Increased data redundancy
b. Rapid device-to-device integration with minimal response time
c. Elimination of automation in industrial systems
d. Decentralized data storage without communication
Q14. State true or false. Lack of interoperability, data privacy, security issues, and authentication of
data at the organizational level are some of the major challenges of IIoT-based business models.
a. True
b. False
Q15. Which of the following is NOT a standard IIoT reference architecture?
a. Three-tier IIoT architecture
b. Gateway-based IIoT architecture
c. Layered Databus IIoT architecture
d. Sixty four-tier IIoT architecture
