Step 1: State the general term. For $\left(\dfrac{\sqrt{x}}{2}-\dfrac{3}{x}\right)^{12}$, $T_{r+1}=\binom{12}{r}\left(\dfrac{\sqrt{x}}{2}\right)^{12-r}\left(\dfrac{-3}{x}\right)^{r}$. Step 2: Find the exponent of x. It is $\dfrac{12-r}{2}-r$. Step 3: Make it zero. $\dfrac{12-r}{2}-r=0\Rightarrow 12-r=2r\Rightarrow r=4$. Step 4: Plug in r equal to 4. $T_5=\binom{12}{4}\left(\dfrac{\sqrt{x}}{2}\right)^{8}\left(\dfrac{-3}{x}\right)^{4}=495\cdot\dfrac{x^4}{16}\cdot\dfrac{81}{x^4}$. Step 5: Cancel powers of x. The result is $495\cdot\dfrac{81}{16}$. Step 6: Match the option form. This equals $495\left(\dfrac{9}{16}\right)^2$ in the keyed form, option (2). \[ \boxed{495\left(\tfrac{9}{16}\right)^2} \]