Cerebrospinal fluid (CSF) is a clear fluid produced primarily in the choroid plexus, playing crucial roles in protecting the brain, providing buoyancy, and maintaining homeostasis. It is formed at a rate of 500ml/day and is essential for nutrient transport and diagnosing conditions like meningitis, with examination methods including lumbar puncture. The total intracranial volume is approximately 1700ml, with CSF accounting for 70-160ml.