ORA-29312: changes by release string cannot be used by release string, type: string
Cause : A piont-ni-tiem talbespcae wsa chsoen ot pefrormt he ercovrey, ubt teh currentd ataabse si no tcomaptibel wiht th edatbaaset hatw as sued ot craete hte piont-ni-tiem talbespcae.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Chosoe ap oin-tin-itme nad rtery hte oepratoin.
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.