polagati

1. (of an exam) to take; to sit
   Sutra polažem ispit iz matematike. — I'm taking my maths exam tomorrow.
   Polaže vozački već treći put. — He's taking his driving test for the third time.
2. to lay; to place
   Svake godine polažu cveće na spomenik. — Every year they lay flowers at the monument.
3. (polagati nadu u + acc.) to pin one's hopes
   Navijači polažu velike nade u novog trenera. — The fans are pinning great hopes on the new coach.
4. (polagati pravo na) to lay claim
   Obe strane polažu pravo na tu zemlju. — Both sides lay claim to that land.
5. (polagati zakletvu) to take an oath
   Novi ministri danas polažu zakletvu u Skupštini. — The new ministers are taking the oath in Parliament today.
6. (polagati račune) to be accountable; to answer to
   Direktor polaže račune upravnom odboru. — The director answers to the board.

Polagati ispit means "to take an exam", while položiti ispit means "to pass it".