Place at examination brings praise (7)
I believe the answer is:
plaudit
'praise' is the definition.
(I know that praise can be written as plaudit)
'place at examination' is the wordplay.
'place' becomes 'pl' (abbreviation used in postal addresses).
'at' says to put letters next to each other.
'examination' becomes 'audit' (I've seen this before).
'pl'+'audit'='PLAUDIT'
'brings' acts as a link.
(Other definitions for plaudit that I've seen before include "Salute" , "Praise bestowed" , "Praise, accolade" , "Praise, encomium" , "Acclaim" .)