ORA-04031: unable to allocate 4120 bytes of shared memory ("shared pool"

ORA-00604: error occurred at recursive SQL level 3
ORA-04031: unable to allocate 4120 bytes of shared memory ("shared pool","select name,password,datats#...","Typecheck","kgghteInit")

Issue is shared_pool_reserved_size had a wrong value. It should be 5-10% from the shared_pool size            

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SQL> show parameter sga

NAME                                 TYPE        VALUE

------------------------------------ ----------- ------------------------------

lock_sga                             boolean     FALSE

pre_page_sga                         boolean     FALSE

sga_max_size                         big integer 6G

sga_target                           big integer 0

SQL> show parameter shared

NAME                                 TYPE        VALUE

------------------------------------ ----------- ------------------------------

hi_shared_memory_address             integer     0

max_shared_servers                   integer

shared_memory_address                integer     0

shared_pool_reserved_size            big integer 5033164

shared_pool_size                     big integer 96M

shared_server_sessions               integer

shared_servers                       integer     1

SQL>

Issue resolved by changing the shared_pool_reserved_size and shared_pool_size

SQL> alter system set sga_target=6G scope=spfile;

SQL> alter system set shared_pool_size=0 scope=spfile;

SQL> alter system set shared_pool_reserved_size=6m scope=spfile;