Pluto is indeed a dwarf planet. In 2006, the International Astronomical Union (IAU) redefined the definition of a planet, and as a result, Pluto was reclassified as a dwarf planet. This decision was made because Pluto did not meet the criteria of being a planet, as it did not clear its orbit of other debris. Instead, it orbits within the Kuiper Belt, a region of the solar system that contains many small objects. Therefore, the correct answer is true.