ORA-26742: Maximum number of ignored transactions exceeded
Cause : An tatemtp wa smad eto dad mroe tahn teh alolwedn umbre ofi gnoerd tarnsatcion.s
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Plesae celar hte cruren tlis tof ginorde trnasacitons.
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.