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CTRL+B : To make the words bold.
CTRL+I : To italicize the words
CTRL+U: To underline the words
CTRL+DEL: To delete the word on the right of the cursor
CTRL+BACKSPACE:  To delete the word on the left of the cursor 
CTRL+SHIFT+SPACEBAR: To create equal spacing. 
CTRL+C:  To copy the selected text  
CTRL+X:  To cut the selected text 
CTRL+V:  To paste the copied or cut text. 
CTRL+ALT+V:  To paste special  
CTRL+SHIFT+< : To reduce the font size 
CTRL+SHIFT+>: To increase the font size 
CTRL+[ : To reduce the font size
CTRL+]:  To increase the font size 
CTRL+HYPHEN:  To create continuous hiphen 
CTRL+SPACEBAR: To remove paragraph or character formatting 
CTRL+SHIFT+V: To paste the previously used format 
CTRL+Z : To undo the last action 
CTRL+Y:  To redo the last action that was undone. 
CTRL+SHIFT+G: To bring the word count dialog box. 
CTRL+L:  To align text to the left 
CTRL+E:  To centralize the text 
CTRL+R: To alogin the text to the right of the screen. 
CTRL+M:  To make the paragraph or the selected text in the margin.
CTRL+1:  To make the spacing between lines as 1 
CTRL+5:  To make the spacing between lines as 1.5 
CTRL+2:  To make the spacing between lines as double 
F7: :  To check spelling and grammer 
SHIFT+F7 : : To show thesaurus options 
CTRL+SPACE : To enable/disable auto correct 
CTRL+SHIFT+8:  To show/hide hidden characters.