At same level do these two pipe lines give same pressure of water? Provided that the two pipe lines are of same length, same material and in the same level, is the water pressure in both the layouts same or different?

PS: In 1st pipeline the turns are not "upward-downward" turns but "sideward-turns" in same level(height).
 A: Static pressure will be the same, even if one pipe would be only half as long as the other one. That's due to Pascal's Law:
$ \Delta P = \rho \cdot g \cdot \Delta h $ 
So the pressure difference is proportional with difference in height, and for all points at the same height the pressure will be the same.

Dynamic pressure will be lower for the #2, as there won't be the same pressure loss due to the resistance difference.  
A fluid with sufficiently high viscosity (most liquids) will have a laminar flow in pipe #2, whereas the bends in #1 will break the lamina and cause turbulence at the bends which increases flow resistance.
A: 1st pipe: Practically speaking, there would be an appreciable change of pressure definitely at initial water flow due to the collision of water molecules on the different turns of the pipe. But as dynamic pressure comes into play, the pressure would remain constant and the water flow is even...
2nd pipe: The pressure remains the same for a horizontal pipe with no turns...
A: As long as the fluid is same, the pressure at same heights is always equal.
A: The pressure drop in your first diagram will be substantially higher due to the bends. There is an extra pressure drop for either laminar for turbulent flow at every bend which will add to the overall pressure drop if the pipe were straight. There are standard engineering formula to use for pressure drop due to bends in the pipe.
