The revolution in information and E-Resources is registering significant changes everywhere and have been playing substantial role in library and information systems ever since its inception. The advancement of E-Resources during recent years has given libraries a powerful new resource to support learning and research with availability of both forms of journals in the library. It has become necessary to evaluate effectiveness of E-Resources. Many E-Resources have hosted their own websites across the World Wide Web. This study highlights the importance of online Open Access E-Journals with their facilities and features. Last one decade has witnessed a great boom in scholarly E-Resources, which in addition to making great impact, has generated enormous debate among researchers and information professionals.