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To reset or disable the new quiz option in a course, the faculty member will need to go to the course link for Settings.  Then the "Features" Tab and click the green check box next to New Quizzes.  Turning off New quizzes at the course level will override the ability to create quizzes of the "New Quiz" type in that course.  It will not impact existing quizzes "New" or "Classic."
New Quizzes is an assessment engine that integrates with Canvas as an LTI tool and replaces the classic quizzes functionality currently existing in Canvas.

Instructors can use New Quizzes to create assessments using a variety of questions types. New Quizzes assessments display as assignments in the Assignments page and can be duplicated. Students can take New Quizzes assessments within their Canvas courses.
In canvas, the Rich Content Editor (RCE) is the area used for editing text. It typically includes a toolbar and formatting options. The New Rich Content Editor is an update to the previous Canvas Rich Content Editor. It provides a condensed, more intuitive toolbar that is grouped by common icons and interactions.
How to create a turnitin assignment with the new Plagerism Framework.