'-v' is not recognized as an internal or external command in android

I am getting this problem on Console when i am trying to open Android SDK Manager:

[2014-12-10 14:39:31 - SDK Manager] [SDK Manager] '-v' is not recognized as an internal or external command,
[2014-12-10 14:39:31 - SDK Manager] [SDK Manager] operable program or batch file.
[2014-12-10 14:39:31 - SDK Manager] [SDK Manager] Invalid path

How can i fix this problem?

Update: Issue is fixed with Build Tools 24.0.1 that can be updated through SDK Manager (for those that can start it) or downloaded as installer from http://dl.google.com/android/installer_r24.0.1-windows.exe

It is bug related to Build Tools 24.0.0

Steps to fix:

• close android studio
• Download Build Tools v 23.0.5
• goto \sdk
• rename 'tools' to 'tools1' (In case you need backup)
• extract this zip to \sdk
• it will make tools folder in \sdk
• restart studio and errors will be gone

https://plus.google.com/107852486976928213243/posts/eASLDXpavAX

https://code.google.com/p/android/issues/detail?id=82099