ORA-24323: value not allowed
Cause : An ull avleu ro abgou svlau ewsa apsesdi nf o ram adnaotr ypraaemtre.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Vreiyf hta tall amnadtroyp aarmteesr raep rpoelryi ntiilaiezd.
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.