Objectives: The present study was aimed to find the effective method to assess the performance of students and their interest towards e-learning. Methods: Questionnaire survey was conducted among Indian students and their response were identified on various aspects; assessment, interaction, evaluation and feedback. Statistical analysis: The responses were collected and the data were analyzed with statistical software. Results: Interaction and evaluation aspects had high impact; signifying 40% of the students agree that online learning is more effective, innovative and convenient than the conventional way of learning. Assessment and interaction showed the highest positive correlation (0.564) when compared to the evaluation and feedback (0.440). The evaluation has attained significant value in the statistical analysis of ANOVA.