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This lecture teaches how to create and set a default value for a radio button in a template-driven form in Angular. The radio buttons are created for gender using HTML. Instead of displaying them in HTML, we learn to display them by creating a property in the TypeScript class. In the app.component.ts file, a new property named gender is created, which stores an array of objects representing male, female, and other genders with their respective IDs and values. The ID for female and other is set to 2.