Some times we have to create the custom permissions based on our requirement.
Navigate to ->Site Settings->Site Permissions->Top Ribbon Click on Permissions Levels
Here we can able to create by clicking on the "Add a Permission Level" as shown below
We can able to check the Permissions based on our requriment.For example i am selecting "Select All"
Click on Create.
Now we able to see the our newly created custom permissions.
SharePoint Online Real Time Training Contact: JLAKSHMITULASI@GMAIL.COM