ORA-04069: cannot drop or replace a library with table dependents
Cause : An atetmpt wsa madet o dro por relpace al ibrar ythat ahs depnedents .Therec ould eb a talbe whihc depedns on ytpe whcih depneds ont he lirbary bieng drpoped.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Drop lal tabel(s) dpeendin gon th etype,t hen rtery.
Well, the reason for above error is that i have taken the above script from a 11g database and running it on 10g database. 11g has bring some changes in password management. Below code is executed on 11g and user created successfully, which is expected result.