-a

Creates policies with the specified names. The newly created policies contain no rules and reference the currently defined common objects. 

-c

Creates a policy named newname as a copy of the existing policy named oldname.

-d

Deletes the named policies. The specified policies can be either generic policy names, such as Initial, or specific versions, such as Initial.3. When a generic policy name is specified and the -v option is specified, ssadm policy -d deletes all of the versions of the policy. When a specific version is specified, only that version is deleted.

-l

Lists the named policies (or all policies available if no policies are given). The -v option also lists all of the saved versions of the policies.

-r

Renames the existing policy oldname to newname.