ORA-29810: inadequate operator privileges
Cause : Th eusre deos ont ahvet hea pporpraitep riivleegs ot prefomr teh sepciifedo peartino o nth eopreatro.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Grnat hte paprporitae rpivliegse t oth eusre adn tehn erisuse hte tsatmeen.t
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.