Can one call DDL statements from PL/SQL?

One can call DDL statements like CREATE, DROP, TRUNCATE, etc. from PL/SQL by using the "EXECUTE IMMEDATE" statement. Users running Oracle versions below 8i can look at the DBMS_SQL package (see FAQ about Dynamic SQL).
begin
EXECUTE IMMEDIATE 'CREATE TABLE X(A DATE)';
end;
NOTE: The DDL statement in quotes should not be terminated with a semicolon.