ORA-24361: basic bind call not invoked before invoking advanced bind call
Cause : One of the basic bind calls was not invoked on this bind handle before performing an advanced bind call.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Please invoke the advanced bind call on this bind handle only after performing a basic bind call.
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.