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Waiting on 4.7.z stream to open and cherry-pick approval.
Tested on ocp 4.7 cluster with payload 4.7.0-0.nightly-2021-03-06-183610. 1. Log into the cluster as kubeadmin 2. Select a project from the project list so that you have an active namespace 3. Open User Management -> RoleBindings 4. Click "Create binding", now there are radio buttons for choosing namespace rolebinding and clusterrolebinding, and could create rolebinding/clusterrolebinding successfully.
Since the problem described in this bug report should be resolved in a recent advisory, it has been closed with a resolution of ERRATA. For information on the advisory (OpenShift Container Platform 4.7.2 bug fix update), and where to find the updated files, follow the link below. If the solution does not work for you, open a new bug report. https://access.redhat.com/errata/RHBA-2021:0749