The error above lists an older community version 20.6.0-beta.93, which in itself is a bug because community versions should auto-update to the latest one.
First suggestion would be to install the latest 21.4 version, see here:
How to fix your Studio installation / Licensing issues
Anil_G
ashokkarale
Ajay_Mishra
Gautham_Pattabiraman
BHUSHAN_NAGAONKAR1
vrdabberu
ABHIMANYU_THITE1
lrtetala
samantha_shah
shyamala_shyamu