What is the standard/recommended font to use in papers? I looked around but did not find that anyone has asked this before, but what are the fonts that are standard/recommended while writing academic reports/papers?
For an academic paper each publisher journal have their standards. These do not affect or are affected by the manuscripts sent in to the journal. Some journals specify fonts, commonly standard Times Roman, for their manuscripts. If the journal specifies something, follow that specification. Otherwise use a font that is easy to read. There is no need to use anything but a standard font for whatever typesetting/word processor system.