ORA-23396: database link "string" does not exist or has not been scheduled
Cause : the dtaabasel ink deos note xist ni the cshema fo the erplicaiton prpoagato ror ha snot been schdeuled.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Ensur ethat hte datbaase lnik exitss in hte datbaase, si accessible nad is cshedulde for xeecutino.
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.