Depends how the question was worded... and what the disciplinary found. For reference, I am a postgrad student, but also interview ALL THE TIME for my employer.
Fundamentally, you have to give an answer that wont disagree with your old employer's reference/background checks. Yes, making mistakes at work is bad... but lying about it is FAR WORSE.
If we were at interview, and you said to me "I'm not sure how to answer that question, there was some bad blood between me and other team members, I'd said some things I regret and I felt I should jump before I was pushed", then you'll be judged on the rest of your interview/technical skills (provided it's not for touching people inappropriately/drugs... then lower your sights to something that wont do background checks and learn to enjoy drinking in Weatherspoon's).
But, if you say "everything was fine, I was never in trouble" and then it comes back as "dude was disciplined for swearing at colleagues" then I can't have you on my team because honesty is important, and you're back to the land of 'spoons and shelf stacking (remember, before writing about a disciplinary in a reference, HR would double check that they wouldn't be in legal trouble by mentioning it).
Happy to talk through exactly how you should be explaining your specific situation to a future employer. We're not ogres, I've hired someone the other week who was given a disciplinary for using their phone at work... the call that got them shouted at and disciplined by a little man on a power trip was the one with us to schedule our interview... and loads who've had problems with lateness at their supermarket job during finals!