I am constantly getting this error for every file and during playback in MPC it also shows above on screen.

Error: Error preparing smooth playback! Script error:
SVSmoothFps: unable to load library given in 'compose' [C:\Program Files (x86)\SVP\plugins\svpflow_gpu.dll]
(C:\ProgramData\SVP 3.1\AVS\ffdshow.avs, line 40)
(C:\ProgramData\SVP 3.1\AVS\ffdshow.avs, line 55)
(ffdshow_filter_avisynth_script, line 4)

I have attached log regarding this error.

Please help!

Edit :- I reinstalled my display drivers and it is now working.