The prefix "mvc" for element "mvc:annotation-driven" is not bound : Spring MVC

Getting

HTTP Status 500 - Servlet.init() for servlet mvc-dispatcher threw exception.

Exception:

javax.servlet.ServletException: Servlet.init() for servlet mvc-dispatcher threw exception.

Root Cause:

org.springframework.beans.factory.xml.XmlBeanDefinitionStoreException: Line 8 in XML document from ServletContext resource [/WEB-INF/mvc-dispatcher-servlet.xml] is invalid; nested exception is org.xml.sax.SAXParseException; lineNumber: 8; columnNumber: 29; The prefix "mvc" for element "mvc:annotation-driven" is not bound.