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Nobody expects the Spanish Inquisition!
See http://www.answers.com/topic/the-spanish-inquisition
Spanish Inquisition was created in 1478.
King Ferdinand was the king during the Spanish Inquisition.
Yes, the Spanish Inquisition was real, although it was arguably less cruel than the somewhat earlier Medieval Inquisition.
The Spanish Inquisition was set up in 1478 and lasted till 1834. It was active throughout the Spanish Empire as well as in Spain.