ORA-29395: cannot set the initial consumer group to string
Cause : An attempt was made to set the initial consumer group of a user to OTHER_GROUPS.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
OTHER_GROUPS is for the resource manager's internal use. Specify another consumer group.
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.