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The best choice for generating a monthly report of new Azure Resource Manager resource deployments is the Azure Activity Log. The Azure Activity Log provides a record of all operations that were performed in your Azure subscription, including the creation, updating, and deletion of resources. It helps track resource-level changes and can be leveraged to compile reports on resource deployments over a specified time period, such as monthly.

While Azure Monitor action groups are useful for defining actions based on alerts, they do not inherently compile reports on resources deployed. Action groups focus on notifications and actions triggered by various monitoring events rather than serving as a reporting tool for resource deployments.

The Change Tracking management solution is geared towards tracking changes in virtual machines and does not have the broad scope required to report on all Azure Resource Manager resource deployments.

Azure Advisor provides best practices and recommendations for Azure resources but does not directly generate reports on resource deployments. It focuses more on optimizing and securing existing resources rather than tracking their creation or modifications.

Thus, the Azure Activity Log is essential for informing about actions taken within Azure, making it the appropriate choice for generating a monthly report on resource deployments.