ORA-12414: internal LBAC error: string Error: string

Cause : An internal label policy framework error occurred.

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update : 26-05-2017
ORA-12414

ORA-12414 - internal LBAC error: string Error: string
ORA-12414 - internal LBAC error: string Error: string

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    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.