How to create a new schema/new user in Oracle Database 11g?

Question

I have applied for an internship in a company and as a question they have asked me to create a schema for their company with certain requirements and mail them the DDL

Answer 1

It's a working example:

CREATE USER auto_exchange IDENTIFIED BY 123456;
GRANT RESOURCE TO auto_exchange;
GRANT CONNECT TO auto_exchange;
GRANT CREATE VIEW TO auto_exchange;
GRANT CREATE SESSION TO auto_exchange;
GRANT UNLIMITED TABLESPACE TO auto_exchange;