Difference between borrow and lend

[giri]

Test No. incompl/elem-3 "Drive carefully", question 4

If you want to ......... that book remember to bring it back.

(a) borrow
(b) lend
(c) loan
(d) owe

Test No. incompl/elem-3 "Drive carefully", answer 4

If you want to borrow that book, remember to bring it back.

Correct answer: (a) borrow
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Loan or lend

[Alan]

You borrow from someone and they lend/loan it to you.
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English as a Second Language
You can read my ESL story A day in the life of a driving instructor

[Torsten]

Hi Giri,

In addition to Alan's explanation, you might want to take a look at this post too:
http://www.english-test.net/forum/ftopic1286.html#4014
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Test Of English for International Communication
TOEIC Preparation & TOEIC Vocabulary