So what does C.C.T. and C.R.I. really indicate? How are these defined? Why do we need them and still use them? Aren't they relative to something? I have no concrete answers to these questions myself. If you can answer any of these even superficially, you might glimpse a little of the truth.
CCT represents a temperature of a black body radiator, where the correlation of the emitted spectra is the highest between the black body and the tested light.
CRI means a measure, how well are things of different colors rendered, again compared to an illumination with a reference black body with the same CCT. It is evaluated on a set of test color stripes (their reflection spectrum is standardized; practically all are wider band filters), each test color evaluated separately and then the CRI is just an average of those individual results.
The thing is, this is by far not covering everything, the methodology is designed to rendering of rather natural objects, the color printed photo is not a natural object.
The photo printing uses certain color selective dyes, which are then mixed on the paper. The thing is, the reflected spectrum is practically not that much specified, just the whole printing process (include software calibration and color transformations) is caliobrated to yield good displayed colors for an ideal illumination (usually natural daylight).
The thing is, the reflection spectrum of the dyes is not wideband, but narrow band peaks (if they want to display really extremely wide color range with just 4 dyes, they have not much other options). And there is the problem: The result is dictated, how the reflection spectrum of the printed picture matches with the spectrum of the light source. If the dyes are wide band ones, the color accuracy remains good even with peaky style light source spectrum (most artificial high efficacy light sources), when the dyes use narrow band reflections, the color reproduction becomes bad under those peaky light spectrum.
The reason for using narrow band dyes is, how wide color range they want to cover. With wide band dyes you can not display saturated colors, the narrow band dyes can go much further.
Usually with cheap printers, where the contrast of the printing head is limited (they want to use more water, to save money on dye chemicals), the color range becomes limited further. And top compensate that, the cheap printers tend to use the narrow band dyes - with that they are able to reach somewhat usable color range in a cheaper way. The cost to pay is, the color becomes way more distorted, when you use narrow and spectrum light instead of the broadband daylight and/or incandescent.
The good printer makers do test and optimize their dyes not only against the ideal lighting conditions, but as well with the common light sources. This testing is, what makes a big part of the toner cost, so the cheap vendors skip such optimization, so their toners are then way worse adopted towards the nonideal illumination.