Go to Pages > Add New > Create a Page Named Home ( the name could be anything you like).
At the Right Side Under the Template drop-down Menu is for Choosing the Home Page.
You have to Choose the Template and publish it.
-In This Step You Can Assign Home Page as a Front Page.
Go to Pages -> Add New -> Create a page named Home (name is not so important )
Publish the Page.
Go to setting -> Reading-> Static Front Page
Select A static page
Under Homepage, Select Home (or Whatever You Named Your FrontPage).
