vt-x/amd-v hardware acceleration is not available - VM Issue on Win 7 64 bit

We get this error "vt-x/amd-v hardware acceleration is not available" while trying to run VM in Win 7 - 64 bit

Solution:

• Restart the computer/laptop
• Go to the BIOS (in Lenovo hit Enter and then press F1)
• Look for security > Virtualization
• Enable the options for Hardware Acceleration
• Restart the computer/laptop
• Reboot the VM image