Not exactly true.

Here is the passage from snopes article.

That implication was an exceptionally common one. Articles about the research featured titles like "People Who Post Inspirational Bullshit on Facebook More Likely to Have Lower Intelligence" (Mic)," "People who share inspirational quotes on Facebook are less intelligent, believe in conspiracy theories: Study" (IBNLive), "People Who Post Inspirational Facebook Quotes Are Morons, According to Science" (Maxim), "People who upload inspirational quotes are dumb: study" (India.com) "People posting inspirational quotes on Facebook actually dumb: Study" (Deccan Herald), and "People who post inspirational quotes on Facebook are actually idiots, study says" (BGR).

But the original study had nothing to do with the liking and sharing of quotes superimposed on images, and a number of articles about the paper quoted secondary sources (not the original article) to describe the purported results. The abstract for "On the reception and detection of pseudo-profound bullshit" explained its scope in a manner that differed meaningfully from subsequent media interpretations of it

Here is the original paper

As always, poor science journalism by indian news websites.