3. Creating a New Image:

The New command is used to create a blank image/canvas.

To base the image dimensions and resolution (Photoshop) on the Clipboard contents, if the Clipboard does not contain image data, the image dimensions and resolution are based on the last image you created.

(Photoshop) To base the image size on the default dimensions and resolution or the last entered settings, hold down Alt when you choose File >New.

            1.         File menu>New
                        Or,

            2.         Hold down the CTRL key and double click on blank area.