Unable to run app in Simulator: An error was encountered while running (Domain = LaunchServicesError, Code = 0)

Question

After successfully compiling the project in Xcode 6, I am unable to run it in the simulator with the above mentioned message. I did all the possible research, tried everythi

Answer 1

"Reset Content and Settings" from iOS Simutalor menu options and launching simulator after Quitting solved my issue.