To resolve this issue, download and install either one of the following versions of Microsoft Visual C++ Redistributable Package from Microsoft's website. Any of these seem to work on various versions of Windows OS.
Refer to Systems Requirement specified on relevant Microsoft web pages.
For Windows 7, Windows 8, Windows 8.1, Windows 10:
Microsoft Visual C++ 2010 SP1 Redistributable Package
32-bit systems (x86): https://www.microsoft.com/en-gb/download/details.aspx?id=8328
64-bit systems (x64): https://www.microsoft.com/en-us/download/details.aspx?id=13523
Microsoft Visual C++ 2008 SP1 Redistributable Package
32-bit systems (x86): https://www.microsoft.com/en-us/download/details.aspx?id=26368
64-bit systems (x64): https://www.microsoft.com/en-in/download/details.aspx?id=29
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