Oracle Message ORA-01994 - GRANT failed: password file missing or disabled

ERRORGRANT failed: password file missing or disabled
CAUSEThe operation failed either because the INIT.ORA parameter REMOTE_LOGIN_PASSWORDFILE was set to NONE or else because the password file was missing.
ACTIONCreate the password file using the orapwd tool and set the INIT.ORA parameter REMOTE_LOGIN_PASSWORDFILE to EXCLUSIVE.