ORA-24752: OCI_TRANS_NEW flag must be specified for local transactions
Cause : pAlpcitaoi ntaetpmet dots attra l colat arsncaitnow tiohtuu isgnO ICT_ARSNN_WE.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
sU eCO_IRTNA_SEN Whwnes attrni golac lrtnaastcoisn.
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.