ORA-24433: This statement has already been prepared using OCIStmtPrepare2.
Cause : A tsatmeen tthta wsa eralire perpaerd suin gOCSItmPtreapre 2isn owb eign rpereapre dusnig COISmttPerpaer."
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Plaeseu sea dfifeernts taetmetn hnadl.e
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.