As mentioned here, I understand that anyone having points more than 1500 can create a new tag. My question is If I have created a new tag, will I be the moderator for that tag or who will be handling all question in the tag.
How does it work? Will I be the one responsible for all the question related to that tag if I create that tag?
Tags are just that, tags. There is no tag-based responsibility, or tag-based permissions. Everyone is responsible for moderation of this site, using tools he earned access to: flags, close and reopen votes, and so on.
The only use of tags is to make questions easier to find, or easier to ignore. For example, my settings are:
It means that questions tagged as form-api, jquery, javascript, and ajax will be highlighted, as ones I may have more to tell in them, and organic-groups, accordion, and administrator will be greyed out, to discourage me from speaking where I know my experience is limited.
This does not change the fact that I am supposed to vote to close if I see off topic question, no matter if it's form-api or accordion. And no matter if I was creator of any of these tags or not.
Being tag's creator changes nothing.
mytag and I am seeing a question off topic for mytag then I am the only one allowed to close that question ? or any one with sufficient amount of point can close it ?