Why does RHEL7 installation fail with abrt error 'IOError [Errno 9] Bad file descriptor' ?

Issue

• Red Hat Enterprise Linux 7 installation is failing with the following abrt error message.

anaconda 19.31.123-1 exception report
Traceback (most recent call first):
  File "<string>", line 100, in next
  File "/usr/lib/python2.7/site-packages/yum/comps.py", line 822, in add
    for event, elem in parser:
  File "/usr/lib/python2.7/site-packages/yum/__init__.py", line 964, in _getGroups
    self._comps.add(groupfile)
  File "/usr/lib/python2.7/site-packages/yum/__init__.py", line 1102, in <lambda>
    comps = property(fget=lambda self: self._getGroups(),
  File "/usr/lib/python2.7/site-packages/yum/__init__.py", line 3836, in selectGroup
    thesegroups = self.comps.return_groups(grpid)
  File "/usr/lib64/python2.7/site-packages/pyanaconda/packaging/yumpayload.py", line 1301, in _selectYumGroup
    self._yum.selectGroup(groupid, group_package_types=pkg_types)
  File "/usr/lib64/python2.7/site-packages/pyanaconda/packaging/yumpayload.py", line 1416, in _applyYumSelections
    self._selectYumGroup("core")
  File "/usr/lib64/python2.7/site-packages/pyanaconda/packaging/yumpayload.py", line 1520, in checkSoftwareSelection
    self._applyYumSelections()
  File "/usr/lib64/python2.7/site-packages/pyanaconda/ui/gui/spokes/software.py", line 123, in checkSoftwareSelection
    self.payload.checkSoftwareSelection()
  File "/usr/lib64/python2.7/threading.py", line 764, in run
    self.__target(*self.__args, **self.__kwargs)
  File "/usr/lib64/python2.7/site-packages/pyanaconda/threads.py", line 211, in run
    threading.Thread.run(self, *args, **kwargs)
IOError: [Errno 9] Bad file descriptor