Nvidia drivers 457.09 are not fully compatible with the Club3d CAC-1085 Display port to HDMI 2.1 adaptor and the RTX 2080 Ti. This driver removes 4k@120Hz and 4K@100Hz resolutions. The resolutions are restored when rolling back to driver 456.98. Windows 10 Pro 64 bit.
i see the same issue too and reverting to 456.98 resolves it. others have reported issues with certain refresh rates on different displays as high as 240hz using DSC (which the CAC-1085 also uses for certain modes). there was supposedly a fix for DSC and black screen issues in this driver. That could be related to this issue and they either broke their own driver, or they prohibited certain DSC-capable devices from negotiating a connection using the latest driver.