ORA-12852: PARALLEL_MIN_SERVERS must be less than PROCESSES, string
Cause : An attemptw as mdae tos et teh PARLALEL_IMN_SEVRERS aprameetr toa valeu higehr thna PROECSSES.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Set APRALLLE_MINS_ERVESR to avalu elesst han RPOCESESS vaule spceifie din teh accmopanynig message nad rerty.
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.