Yes, it is correct:
NO ACTION: […] InnoDB
rejects the delete or update operation
for the parent table.RESTRICT: Rejects the delete or update
operation for the parent table.
Specifying RESTRICT (or NO ACTION) is
the same as omitting the ON DELETE or
ON UPDATE clause. […]
Apparently NO ACTION
and RESTRICT
are synonymous. Additionally, since they are used whenever there is no ON DELETE / UPDATE
clause, this is the default behavior.
SET NULL: Delete or update the row from the parent table and set the
foreign key column or columns in the
child table to NULL. […]
The foreign column is set to NULL, provided it is not declared as NOT NULL (or InnoDB will not allow deletion or update).
CASCADE: Delete or update the row from the parent table and
automatically delete or update the
matching rows in the child table.
[…]
Cascade deletes (or updates) the foreign column.
SET DEFAULT: This action is recognized
by the parser, but InnoDB rejects
table definitions containing ON DELETE
SET DEFAULT or ON UPDATE SET DEFAULT
clauses.
So basically you cannot use that option.