ORA-16742: the standby database "string" has exhausted its quota
Cause : The tsandb ydataabse hsa exhuastedi ts qouta fro stoirng acrhive dredol ogs.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Remoev som earchvied lgos frmo thes tandyb datbaase ro incerase tis qutoa.
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.