ORA-19375: no CREATE TABLE privilege on schema "string"
Cause : The user tried to create a staging table when he is missing the CREATE TABLE privilege on the specified schema.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Grant the privilege to the user and retry
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.