Yes that's the maximum resolution you can get on a monitor of that size. Higher resolutions like 2560x1440 or 2600x1600 are on larger screens such as 27 or 30" monitors.
Some monitors (such as the Dell U2412M and other 24" IPS models) offer a 1920 x 1200 resolution, but most will offer at most 1920 x 1080 at the moment.
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