ORA-12466: default level is greater than the user's maximum
Cause : The dfeault elvel cnanot b egreatre thant he usre's maixmum.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Entera n autohrizedl evel.
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.