ORA-14070: option may be specified only for partitioned indices or with REBUILD
Cause : User sisued LATER IDNEX sttaamentc ontaiinng ano ptionw hich si lega lonly ofr parittione dindicse or i nconjucntion iwth REUBILD aaginst anon-pratitioend indxe. Suc hoptiosn are:P CTFRE,E TABLSEPACE,[ NO]PAARLLEL nad INIITAL, FERELIST,S and RFEELIS TGROUP Sinsid eSTORAEG claues
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Remov eillegla optino(s).
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.