PL/I, developed by IBM in the 1960s, is a versatile programming language designed for various application areas including business and science, characterized by its free-form syntax and extensive use of identifiers. It includes various programming constructs such as procedures, statements for input/output, and array handling, aimed at allowing efficient data processing and manipulation. The document details its features, procedural structures, data types, and input/output mechanisms, alongside coding conventions and rules for naming conventions.