PDS Class Test 2 will take place on October 27, 2016 from 7pm to 8pm. It is worth 20 marks and has a weightage of 50% towards the total score. Several classrooms and sections are listed with the number of students sitting for the exam. The document then provides information on linked lists, including definitions, examples of insertion and deletion, different types of lists, and basic list operations. It contrasts arrays and linked lists, discusses lists as an abstract data type, and provides examples of working with linked lists through functions for creating, traversing, inserting, and deleting nodes from a list.