ORA-26575: remote database does not support replication parallel propagation
Cause : The remote database has a version lower than Oracle 8.0 and hence does not understand replication parallel propagation.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Use serial propagation or upgrade the remote database to Oracle 8.0 or above.
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.