Execution of any dnf or yum specific commands are failing with error "bad magic number in 'six' " in RHEL 8

Issue

• While executing any dnf or yum specific command e.g dnf repolist , the following errors are observed:

  # dnf repolist
  Failed loading plugin "changelog": bad magic number in 'six': b'\x03\xf3\r\n'
  Failed loading plugin "product-id": bad magic number in 'six': b'\x03\xf3\r\n'
  Failed loading plugin "subscription-manager": bad magic number in 'six': b'\x03\xf3\r\n'
  Failed loading plugin "upload-profile": bad magic number in 'six': b'\x03\xf3\r\n'
  Failed loading plugin "spacewalk": bad magic number in 'six': b'\x03\xf3\r\n'
  ...