1) How much time does it take to create a database? I have database wizard running for nearly 2 hours and so far it has reached only 47%
it depends, is it progressing from 47% , if yes then you can ignore.
2) Should we modify and configure the amount of RAM avaialable to the Oracle? If we follow the guidelines as descibed in "Symantec_DLP_11.1.2_Oracle_11g_Installation_Upgrade_Guide" we don't configure the amount of memory available to Oracle. It is left to default. Even though SGA and PGA sizing is set to automatic but the default gives only 3.7 GB of RAM to Oracle. Should we reconfigure it or Oracle infact can use more?
monitor once installed and see the performance and make the changes if necessary.