Concept:
The Rajya Sabha and Lok Sabha have equal powers only in specific constitutional matters.
Step 1:Analyze statement 1.
Creation of All India Services is initiated by Rajya Sabha (special power), not equal power.
\[
\Rightarrow \text{Incorrect}
\]
Step 2:Analyze statement 2.
Both Houses have equal power in amending the Constitution.
\[
\Rightarrow \text{Correct}
\]
Step 3:Analyze statement 3.
Only Lok Sabha can remove the government (no-confidence motion).
\[
\Rightarrow \text{Incorrect}
\]
Step 4:Analyze statement 4.
Cut motions are related to money bills, where Lok Sabha has more power.
\[
\Rightarrow \text{Incorrect}
\]
Final Answer: (B)