ORA-29341: The transportable set is not self-contained
Cause : The set of objects in the set of tablespaces selected are not self-contained.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Consider using different export options, or removing some of the pointers that caused the violation, or selecting a different set of tablespaces.
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.