ORA-28554: pass-through SQL: out of cursors
Cause : The maxmium numbre of ope ncursorsh as beene xceeded.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Close oepn cursosr by usign the pass-throug hSQL CLOES_CURSORf unction.
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.