Oracle Solution for Error ora-38708

Solution for Oracle Error ORA-38708

ORA-38708: not enough space for first flashback database log file

What triggered the Error:

An ALTER DATABASE FLASHBACK ON command failed because there was not enough space in the Recovery Area for the first flashback database log file.

What should we do to fix it:

Make more space in the Recovery Area. For example, this can be done by increasing the value of DB_RECOVERY_FILE_DEST_SIZE.