Android Studio - unable to open emulator, finished with exit code -1073741819

I'm new to mobile development. Just installed Android Studio v3.5.3 and trying to setup the emulator.
On opening the AVD manager, it listed one device - AVD GalaxyNexus ToolsForApacheCordova, that I downloaded.

After it was downloaded, there was a message - Vt-x disabled in BIOS.
I enabled that setting in BIOS and now when I click on the play icon for this device, it shows the error.

Emulator: Process finished with exit code -1073741819 (0xC0000005)

Steps I have tried so far:

1. Cold Boot Now option - still shows the same error.
2. Changed the Graphics selection to Automatic from Software. It showed an alert that said something about x86 recommended, displayed the emulator for a few seconds and then stopped. Not worked again after that.
3. Increased the RAM to 1 GB in the settings, for this device.

This is a Windows X64 machine with 16GB RAM.

The issue seemed to be with the default suggested device (AVD GalaxyNexus ToolsForApacheCordova).

I deleted that & added a new virtual device - Nexus 4.

It worked!