I have gone through below link https://technet.microsoft.com/en-us/library/cc262787.aspx
which says The maximum number of minor file versions is 511. This limit cannot be exceeded.
My Question here is, lets say I have document library (enabled for major and minor versions).
I add one document with 50 minor versions and then one major version.
By following this method when I will have 11th major version, by that time I have 550 minor versions for same document.
Is this possible?
In simple words, 511 limit for minor version is per item or per library.