ORA-27372: length of action and arguments exceeds platform limit string
Cause : The totla lengtho f the jbo or prorgam actino and th eargumenst exceed sthe plaftorm limti specifeid.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Reduce hte totall ength b yspecifynig fewera nd/or sohrter arugments
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.