True or false – Directory name limit is 255 chars – File name limit is 255 chars – Directory and file name limit (when combined) is also 255 chars ?????

Answer:

MS reference link: http://msdn.microsoft.com/en-us/library/windows/desktop/aa365247(v=vs.85).aspx

No. In the Windows API the max path length is defined at 260 characters. This is not a NTFS limit. This is a limit on what most programs expect so on what most programs can work with. The total limit is 32767 with each part a max of 255.
To access a 32767 char path use this syntax (the \\?\ is the part that says this is a 32767 character path). \\?\c:\etc\etc\fname.ext
NTFS is the file system used by NT. They have their own limits (generally not specified by MS).