How to call jQuery function on radio button change event?

You can use the on 'change' event of the radio button and show/hide div depending on your need.

Example:

$(document).ready(function() {
    $('input[type=radio][name=53]').change(function() {
        if (this.value == 'Yes') {
            $("#2").show();
        }
        else if (this.value == 'No') {
             $("#2").hide();
        }
    });
});

Here is the working fiddle link https://jsfiddle.net/r2fdkjnt/

Note: I am hiding <div> 2 on load.

You can also use Inline onchange Javascript method

               <input type="radio" id="128" name="53" value="Yes" class="RadioBtn"  onchange="changeRadio('Yes')">Yes              
               <input type="radio" id="129" name="53" value="No" class="RadioBtn" onchange="changeRadio('No')">No        

Javascript

function changeRadio(val){
    console.log(val);
 }

check fiddle: https://jsfiddle.net/jqo1k34c/

Thanks