Step 1: Put the line in general form.
Multiply $\dfrac{x}{a}+\dfrac{y}{b}=1$ by $ab$ to get $bx+ay-ab=0$.
Step 2: Recall the tangent condition.
The circle $x^2+y^2=1$ has centre $(0,0)$ and radius $1$. Tangency means the distance from the centre equals $1$.
Step 3: Apply the distance formula.
$\dfrac{|ab|}{\sqrt{a^2+b^2}}=1$.
Step 4: Square and simplify.
$a^2b^2=a^2+b^2$.
Step 5: Divide by $a^2b^2$.
$1=\dfrac{1}{b^2}+\dfrac{1}{a^2}$, that is $\dfrac{1}{a^2}+\dfrac{1}{b^2}=1$.
Step 6: Interpret the result.
The point $\left(\dfrac1a,\dfrac1b\right)$ satisfies $x^2+y^2=1$, so it lies on the circle.
\[ \boxed{\left(\dfrac1a,\dfrac1b\right)\ \text{lies on the circle}} \]