The ORA-16698 occurred when creating a new Data Guard Broker configuration on 12.1.0.2 RAC database.
DGMGRL>CREATE CONFIGURATION 'RACTEST_DG' as PRIMARY DATABASE IS 'RACTEST' CONNECT IDENTIFIER IS RACTEST; Error: ORA-16698: LOG_ARCHIVE_DEST_n parameter set for object to be added
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Also Make sure do the same before you configure Data Guard Broker by using Oracle OEM. Otherwise it will fail without any errors provided, for which it might take you some time to investigate.