Google Drive / Getting Started with Drive 

Add stars to documents

Just as you can add stars to email messages to flag them in your Inbox, you can add stars to important documents, spreadsheets, presentations, drawings and forms to highlight them in your document list.

If you wish to add stars to multiple documents, you can select them first as follows:

To add a star to a document:

You can also add a star to a document by right-clicking over the document and choosing the Add Star option: 

Show only the starred documents by clicking on the Starred link in the navigation pane.

Remove the star from a document by right-clicking over the document and choosing Remove Star.