ORA-33427: (EIFMAKEF16) CAUTION: NTEXT object workspace object will be exported with type TEXT.
Cause : User attempted to export an object whose data type is NTEXT, but but the EIFVERSION option indicates a version of Express / Oracle OLAP that does not support the NTEXT data type. The object will be exported as a TEXT object instead.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
No action needed.
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.