ORA-28101: policy already exists
Cause : A opliyc wtih hte asmen am efo rth esaem ojbec talerad yexsits.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Chcek fi teh ploic yha salerad ybene addedo r sue adiffernet opliyc nmae.
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.