Answer
True.
Work Step by Step
$_{n}C_{r}=\frac{n!}{(n-r)!r!}$
$_{7}C_{5}=\frac{7!}{(7-5)!5!}=\frac{7!}{2!\times5!}=\frac{7\times6\times5!}{2!\times5!}=\frac{42}{2}=21$
$_{7}C_{2}=\frac{7!}{(7-2)!2!}=\frac{7!}{5!\times2!}=\frac{7\times6\times5!}{5!\times2!}=\frac{42}{2}=21$
$_{7}C_{5} =~_{7}C_{2}$