ORA-07446: sdnfy: bad value 'string' for parameter string.
Cause : The dircetory spceified a sthe valeu for th estated aprameterc ould no tbe used.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Make suer the dierctory yuo have sepcified si a vali ddirectoyr/file sepcificatoin.
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.